Fortress REIT Ltd operates within the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortress REIT Ltd with three other
non-residential construction companies in Africa:
Calgro M3 Holdings Limited
sales of 997.06 million South African Rands [US$67.48 million]
of which 98%
was Property Development),
Safari Investments (RSA) Ltd
(299.43 million South African Rands [US$20.27 million]
of which 29%
was Atteridgeville), and
Balwin Properties Ltd
(2.61 billion South African Rands [US$176.91 million]
During the year ended June of 2019, sales at
Fortress REIT Ltd were 3.63 billion South African Rands (US$245.57 million).
decrease of 0.1%
versus 2018, when the company's sales were 3.63 billion South African Rands.
Contributing to the drop in overall sales was the 12.0% decline
in Commercial / Office, from 384.37 million South African Rands to 338.10 million South African Rands.
There were also decreases in sales in
Industrial (down 0.7% to 584.57 million South African Rands)
However, these declines were partially offset by the increase in sales of
Retail (up 1.4% to 1.25 billion South African Rands)
Logistics (up 4.5% to 1.14 billion South African Rands)
Other (up 8.1% to 102.94 million South African Rands)