Fortress Real Estate Investments reaffirms distributable earnings forecast
Fortress Real Estate Investments (JSE:FFB) has reaffirmed its distributable earnings forecast for the financial year ending 30 June 2026 (FY2026) of at least R2 150 million.
Fortress Real Estate Investments (JSE:FFB) has reaffirmed its distributable earnings forecast for the financial year ending 30 June 2026 (FY2026) of at least R2 150 million.
The pinnacle of excellence in South African residential property was celebrated on 21 May as the Reside Awards 2026 named its winners at a prestigious ceremony held at the Sandton Convention Centre.
By Siya Jele, TUHF Regional Manager for KwaZulu Natal
The increase in Grade A office and commercial developments, such as Waterfall City in Midrand and Menlyn Maine in Pretoria, has led companies to migrate from traditional office nodes to newer, more environmentally sustainable office buildings. This leaves historic commercial nodes underutilised, creating opportunities for property entrepreneurs to convert buildings into high-density residential assets.
South Africa’s logistics and industrial property sector is shifting towards higher-performance, more efficient space. As supply chains evolve and businesses demand greater efficiency, resilience and sustainability, the need for modern, high-quality logistics space has never been greater. Growthpoint Properties is responding decisively to this trend, advancing a new generation of logistics parks that reflect both current market realities and future requirements.
Just weeks after opening, Jumbo Mall has quickly become part of everyday life in eMalahleni, with the 37 000 sqm retail destination increasingly woven into the routines, social interactions and day-to-day convenience of the communities it serves.
Etana Energy, Growthpoint Properties (JSE: GRT) and the City of Cape Town have successfully implemented the first pooled wheeling of renewable electricity across multiple properties within the City’s municipal network.