Fortress, the logistics and retail property company, reported distributable earnings up 14.2% to R2.23bn. Revenue from direct property operations increased 5.3% to R5.07bn, while total revenue rose 3.7% to R6.24bn. Like for like net operating income (NOI) increased 6.8%, supported by 7.3% growth in SA retail and 8.4% growth in SA logistics. The FY2026 dividend increased 10.1% to 178.8c per share, while FY2027 distributable earnings guidance increased to R2.46bn.
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