Fortress REIT Ltd Categories
South Africa Real Estate REIT—DiversifiedSouth Africa Real Estate South Africa REIT—Diversified
Top Competitors by Market Capitalization
Industry: REIT—Diversified
| Company | Market Cap (USD) |
|---|---|
| VICI Properties Inc. | $33.56 B |
| Goodman Group | $31.46 B |
| W. P. Carey Inc. | $14.14 B |
| VEREIT, Inc. | $10.26 B |
| STORE Capital Corporation | $9.07 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $120.60 B |
| American Tower | $100.44 B |
| Equinix, Inc. (REIT) | $74.75 B |
| MAS Real Estate, Inc. | $65.45 B |
| Public Storage | $53.43 B |
Detailed Description
Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013. Fortress is a hybrid fund, investing in both direct property as well as other listed property stocks and REITs. It focusses on the development of prime real estate logistics assets as well as investments into its retail portfolio. Currently Fortress portfolio includes industrial, logistics, office, retail and other properties.
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Stocks & Indices
Fortress REIT Ltd has the following listings and related stock indices.
Stock: JSE: FFA wb_incandescent
Stock: JSE: FFB wb_incandescent