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Fortress reports decline in FY revenue

PUBLISHED: Wed, 22 Aug 2018 10:51:41 GMT

Real estate investment trust Fortress released its full year results and reported a decline in total revenue. Meanwhile the company declared a final dividend of 70.57 cents per a share and 88.93 cents per B share. The company says it will continue to dispose of its non-core industrial and office properties and reinvest the proceeds in logistics and retail assets. Joining CNBC Africa for more is Mark Stevens, CEO, Fortress.