Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

One of South Africa’s most recognised and highly-regarded property developers and investors, Jeff Zidel, is set to retire in June after a distinguished 47-year career in the industry. 

Responsible for overseeing the investments of one of Europe’s largest shopping centre owners, Unibail-Rodamco CFO, Jaap L. Tonckens, will explore the latest REIT trends and investor sentiments in Western Europe at the SA REIT Conference 2018.

Downgrading to junk status and ongoing political tomfoolery might make South African investors a little anxious about protecting their investment portfolios against the market volatility resulting from the uncertainty created by the current environment.

There are opportunities for listed property companies in the industrial sector, especially in developing specialised warehousing and distribution centres, say experts.

The development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.

The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.

Dr Reuel Khoza will join the powerhouse of business leaders from across the globe, all recognised as change agents in their fields, as a keynote speaker at the upcoming SA REIT Conference in Sandton, next month.

Fortress Income Fund's development plans are given a boost as it raises R1.3bn in an oversubscribed accelerated bookbuild.

Fortress Income Fund more than doubles its B-share dividend to shareholders in the six months to December.

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