A silver lining amongst the many dark clouds dominating South Africa’s current economy is, thanks to recent interest rate cuts, commercial real estate - especially purpose-built quality logistics assets supporting the ongoing e-commerce boom in the country.

Fortress REIT Limited, the JSE-listed property group, kicked off its Vredenburg Food Security and Environmental Sustainability initiative at the Masiphathisane School in the Western Cape on 13 June.

Fortress REIT Limited, the JSE-listed property group, has funded a year-long “Trees for Homes” programme run by Food & Trees for Africa (FTFA) in Sebokeng, a township in southern Gauteng.

Fortress REIT Limited (Fortress), the JSE-listed property group, has partnered with Food & Trees for Africa (FTFA), a leading Section 21 Non-Profit/Public Benefit Organisation to roll out a food security, environmental sustainability and greening programme at 19 schools and 500 homes in the vicinity of its Evaton Mall property in southern Gauteng.

The Subcommittee of the Board of directors of Fortress REIT Ltd (JSE: FFA and FFB), which was set up on September 6 last year to review allegations made against the company and certain past and current directors, is making solid progress in delivering on its mandated scope of work.

Fortress REIT Limited, the diversified property group, is preparing to welcome Makro as the first tenant in its 28 hectare Cornubia Ridge Logistics Park, which is strategically located close to Durban’s thriving business and residential hub of Umhlanga as well as King Shaka International Airport and the Dube TradePort.

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