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.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.