Fortress REIT Ltd operates within the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortress REIT Ltd with three other
companies in this sector in South Africa:
Resilient Reit Ltd
sales of 2.66 billion South African Rands [US$189.17 million]
of which 100%
(3.07 billion South African Rands [US$217.96 million]
of which 82%
was Office), and
Hyprop Investments Limited
(3.12 billion South African Rands [US$221.48 million]
of which 86%
was Shopping centres).
During the year ended June of 2018, sales at
Fortress REIT Ltd were 3.63 billion South African Rands (US$258.23 million).
increase of 10.2%
versus 2017, when the company's sales were 3.30 billion South African Rands.
This was the fourth straight year of sales growth at Fortress REIT Ltd.
Sales of Industrial saw an increase
that was more than double the company's growth rate: sales were up
197.9% in 2018, from
197.69 million South African Rands to 588.94 million South African Rands.
Fortress REIT Ltd also saw significant increases in sales in
Other (up 64.7% to 95.24 million South African Rands)
Not all segments of Fortress REIT Ltd experienced an increase in sales in 2018:
sales of Commercial / Office fell 21.8% to 384.37 million South African Rands.
Fortress REIT Ltd also experienced decreases in sales in
Logistics (down 19.1% to 1.09 billion South African Rands)