Edition:
United States

Fortress Reit Ltd (FFAJ.J)

FFAJ.J on Johannesburg Stock Exchange

1,929.00ZAc
18 Apr 2019
Change (% chg)

10.00 (+0.52%)
Prev Close
1,919.00
Open
1,900.00
Day's High
1,937.00
Day's Low
1,899.00
Volume
1,836,635
Avg. Vol
2,129,909
52-wk High
2,033.00
52-wk Low
1,427.00

Latest Key Developments (Source: Significant Developments)

Fortress REIT Says Fairtree Now Holds 9.66 Pct Of Fortress' B Ordinary Shares
Thursday, 18 Apr 2019 07:10am EDT 

April 18 (Reuters) - Fortress Reit Ltd ::FORTRESS REIT- FAIRTREE ACQUIRES CO'S B ORDINARY SHARES, SUCH THAT FAIRTREE'S CLIENTS NOW HOLD 9.66% OF FORTRESS' B ORDINARY SHARES IN ISSUE.  Full Article

Fortress Says Blackrock Now Holds 5.09 Pct Of Co
Friday, 9 Nov 2018 03:20am EST 

Nov 9 (Reuters) - Fortress Reit Ltd ::JSE: FFB - FFA - TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES.FORTRESS REIT LTD - RECEIVED NOTIFICATION FROM BLACKROCK. INC. OF ACQUISITION BY BLACKROCK OF FORTRESS A ORDINARY SHARES.  Full Article

Fortress REIT Says Jeff Zidel To Retire From Board
Tuesday, 29 May 2018 08:51am EDT 

May 29 (Reuters) - Fortress Reit Ltd ::JEFF ZIDEL, DEPUTY CHAIRMAN OF BOARD OF DIRECTORS OF FORTRESS, HAS ANNOUNCED HIS INTENTION TO RETIRE FROM BOARD.JEFF WILL STEP DOWN AS DEPUTY CHAIRMAN AND NON- EXECUTIVE DIRECTOR WITH EFFECT FROM 29 MAY 2018.  Full Article

Fortress REIT Announces ‍Restructure Of Siyakha Education Trusts
Wednesday, 7 Mar 2018 09:21am EST 

March 7 (Reuters) - Fortress Reit Ltd ::FORTRESS REIT - ‍RESTRUCTURE OF SIYAKHA EDUCATION TRUSTS, INTENTION TO UNWIND CROSS-SHAREHOLDING, FURTHER CAUTIONARY ANNOUNCEMENT.‍HAS RE-EVALUATED DISTRIBUTION GUIDANCE PROVIDED IN COMMENTARY TO ITS INTERIM RESULTS FOR SIX MONTHS ENDED 31 DECEMBER 2017.​.‍RESILIENT AND CO CONTINUE TO EXPLORE ALTERNATIVES TO ELIMINATE CROSS-SHAREHOLDING BETWEEN THEM; WILL IN DUE COURSE PUT PROPOSALS ​.RESILIENT ‍EXPECTS ITS DISTRIBUTION PER SHARE TO BE APPROXIMATELY 601 CENTS PER SHARE FOR FY 2018 INCREASING BY ABOU 8% FOR FY 2019 ​.‍FORTRESS EXPECTS DISTRIBUTION PER FORTRESS B SHARE WILL BE ABOUT 179 CENTS PER SHARE FOR FY 2018 GROWING BY ABOUT 5% FOR FY 2019 ​.  Full Article

Resilient REIT Says To Undertake Independent Review Of Information
Friday, 16 Feb 2018 07:31am EST 

Feb 16 (Reuters) - Resilient Reit Ltd ::RESILIENT REIT - ‍HAS NOTED CONSISTENT FEEDBACK FROM ITS SHAREHOLDERS THAT CROSS-SHAREHOLDING OF RESILIENT WITH FORTRESS REIT LIMITED SHOULD BE UNWOUND​.‍BELIEVES THAT THERE IS A NEED FOR A PROMPT INDEPENDENT REVIEW OF INFORMATION AVAILABLE TO IT​.RESOLVED TO COMMISSION THEIR OWN INDEPENDENT REVIEW AND TO MAKE OUTCOME OF THIS REVIEW PUBLIC​.RESILIENT REIT - ‍NOTES THAT ANY INVESTIGATION OF SHARE TRANSACTIONS BY REGULATORS WOULD BE UNDERTAKEN WITH BROAD ACCESS TO INFORMATION NOT AVAILABLE TO CO​.RESILIENT - ‍SCOPE OF REVIEW WILL NOT BE NARROWLY CONSTRAINED AND WILL PRIORITISE REVIEW OF ALL AVAILABLE INFORMATION REGARDING LISTED SHARE ACTIVITY SINCE 1 JULY 2017 BY CO AND EXECUTIVES​.  Full Article

Fortress REIT ‍Says H1 HEPS For Class A Shares At 195.93 Cents
Friday, 2 Feb 2018 09:00am EST 

Feb 2 (Reuters) - Fortress Reit Ltd ::‍H1 DIVIDEND FOR A SHARE INCREASED FROM 67,96 CENTS PER SHARE TO 71,20 CENTS PER SHARE​.‍H1 B SHARE DIVIDEND INCREASED BY 14,61% FROM 78,59 CENTS PER SHARE TO 90,07 CENTS PER SHARE FOR SIX MONTHS ENDED 31 DECEMBER 2017​.‍FOR SIX MONTHS TO DEC.31 HEADLINE EARNINGS PER A SHARE AT 195.93 CENTS VERSUS 73.50 CENTS YEAR AGO​.  Full Article

Fortress says Vuso Majija appointed executive director
Monday, 15 May 2017 08:58am EDT 

May 15 (Reuters) - Fortress Income Fund ::Wiko Serfontein resigned as executive director, Vuso Majija has been appointed as an executive director with effect from 15 May 2017.  Full Article