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Fortress, the owner of commuter retail  and logistics properties, which, on Monday, was cleared of charges of share price manipulation, says its asset portfolio has positioned the group to excel as it prepares for life without Resilient.

Fortress CEO Steven Brown said after the release of financial results for the year to end-June that the company had nearly dealt with challenges that were out of its normal course of business, including having to sever its relationship with Resilient and an impairment on a newly built logistics asset...

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