Skip to content

Fortress REIT Ltd (JSE: FFA) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 2 Sep 2022

Fortress REIT Ltd is an internally asset managed real estate investment trust (REIT), listed on the Johannesburg Stock Exchange (JSE) that invests in both physical property and listed property securities including both local and foreign property companies.

Latest Fortress REIT Ltd Share Price

The graph above shows the latest Fortress REIT Ltd share price on the Johannesburg Stock Exchange. Investors have seen Fortress REIT Ltd shares perform not well historically, and it doesn’t remain a steady investment. Fortress REIT Ltd stock is live on the JSE under the stock symbol of FFA and is available to trade via various brokers in South Africa.

What is Fortress REIT Ltd

Fortress REIT Ltd is a hybrid fund and the third-largest REIT in South Africa.

Fortress REIT Limited operates with segments Logistics, Industrial, Office, Retail, Other, Corporate South Africa and Corporate Europe and owns and develops logistics warehouses, which are let to corporate tenants on long leases. Fortress REIT Limited also invests in retail properties focused on transport nodes.

The history of Fortress REIT Ltd can be traced back to 2009 when the company was founded.


Buy Shares
Fortress REIT Ltd

Today, Fortress REIT Ltd has a diversified portfolio of products and services in more sectors of the Real Estate value chain and renders the following services: development of prime logistic warehousing, retail centres and strategic offshore investments. The portfolio includes development properties, industrial properties, logistics properties, office properties, residential properties, retail properties and other properties.

Fortress REIT Ltd's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol FFA.

Fortress REIT Ltd has its headquarters at Block C, Cullinan Place, Cullinan Close, Rivionia, 2196.

Fortress REIT Ltd currently serves clients in areas including South Africa and Europe.

The current Chief Executive Officer, Managing Director of Fortress REIT Ltd is Steven Brown.

Fortress REIT Ltd forms part of the Real Estate Investment Trust Industry and the Real Estate Sector of the Johannesburg Stock Exchange (JSE).

Fortress

Fortress REIT Ltd Stock Performance

The current price for Fortress REIT Ltd stocks on the Johannesburg Stock Exchange (JSE) is 12.75 ZAR.

An analysis of financial data of Fortress REIT Ltd showed that the company has a total market capitalisation of 29.1 Billion ZAR, with a Price/Earning ratio of 14.25 and earnings per share of 0.8950 ZAR. The dividend per share of FFA was 0.75 ZAR and its dividend yield was 5.88 %. A total of 2.28 Billion shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Fortress REIT Ltd stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Fortress REIT Ltd, analysts forecast further improved performance for the Real Estate sector with market share growing as trading volumes increase.

Highlights of Fortress REIT Ltd in 2021

Fortress REIT Ltd started the current financial year (2021) with a share price of 13.65 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 6.59 % in value on its price valuation, ranking 365th on the JSE with its year-to-date performance.

Fortress REIT Ltd is currently the 46th most-traded stock on the JSE and it has experienced a total trading volume of more than 107 million shares, which were finalised in 32,081 deals and were valued at a total of 1.49 billion ZAR over the recent three month period from August to November 2021, with an average of  1.69 million shares in each trading session.

During the same period a volume high of 5 million was achieved on 12 November, and a low of 420,329 on 25 October.

How to buy Fortress REIT Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Fortress REIT Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “FFA”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.