Fortress withdraws dividend guidance
Property owner is the latest real estate investment trust to be unable to project dividends because of the Covid-19 outbreak
19 April 2020 - 17:29
Property group Fortress Reit on Friday withdrew its dividend guidance for the year to June because of the Covid 19 pandemic.
Fortress has assets in logistics, commuter-orientated retail centres, and industrial and office properties. Fortress also owns a 23.3% equity stake in East European mall owner Nepi Rockcastle. ..
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