The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.

The Subcommittee of the Board of directors of Fortress REIT Ltd (JSE: FFA and FFB), which was set up on September 6 last year to review allegations made against the company and certain past and current directors, is making solid progress in delivering on its mandated scope of work.

Leadership, governance, integrity, transformation, and economic, social and environmental challenges. These are some of the big issues keeping South Africans awake at night.

The FTSE/JSE South African Listed Property Index (SAPY) achieved total returns of 17.2% in 2017, building on its performance of returns of 10.2% in 2016, to deliver double-digit growth to investors for the second year in succession.

Internationally renowned property leader Guillaume Poitrinal will headline the next SA REIT Conference, which is set to take place on 17 March 2016 at The Maslow in Sandton Central.

Nedbank and GBCSA’s Green Tool on course to revolutionise SA’s property sector.

Managing executive of Nedbank Corporate Property Finance, Robin Lockhart-Ross, says his credo is only to lend to 'serious' people with proven financial track records.

Most Popular

Wide-spread implications for South Africa’s real estate market following COVID-19

May 05, 2020
JLL_Logo
JLL, one of the world’s leading real estate investment and advisory firms, today released…

Sectional Title Trustees and Homeowners Association directors face COVID-19 liability

May 22, 2020
Marina_Constas_BM_Law
The Covid-19 pandemic and South Africa’s lockdown regulations are impacting all aspects…

Deeds office reopen their doors to the public

May 09, 2020
Carlize Knoesen
The Department Agriculture, Land Reform and Rural Development has announced the reopening…

SA REIT appoints Joanne Solomon as its first CEO

May 05, 2020
Joanne Solomon new CEO SA REIT Association
With her wealth of financial and property sector experience, Joanne Solomon has been…

2020 Commercial Property Outlook –Why Property Price/Valuations Indices don’t tell the full story of market weakness during a deep recession

May 09, 2020
John LoosFNB
In a downturn, Property Market Values can deviate dramatically from the market…

Please publish modules in offcanvas position.