Fortress Reit, the JSE-listed property group with a focus on logistics and commuter retail assets, is in a strong position to recover from the Covid-19 pandemic and lockdown that derailed its dividend returns.

The company, which owns R28.4bn in assets placing it among the top 10 listed real estate investment trust (Reits) on the JSE by asset value, took risk measures in the year to June such that it now has R2.8bn and a loan-to-value ratio of 39%, in line with the desires of most fund managers.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now