Fortress reports 7.6% rise in nine-month revenue from retail portfolio
Increase in period ended October came despite riots in July that affected six of the landlord’s shopping centres
07 December 2021 - 11:51
Revenue from Fortress’s retail portfolio grew 7.6% in the nine months to end-October compared with a year ago, despite the riots in July that affected six of its shopping centres.
Th landlord — which has property in logistics, commuter-orientated retail centres, and industrial and office properties — said tenant turnover was 3.6% higher than in 2019, before the outbreak of the coronavirus pandemic...
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