• Fortress Income Fund Limited
  •  Overview
  • Last Modified:
  • October 21, 2025
  • Company type:
  • Public
  • Industry:
  • Real Estate
  • Verified:
  • No
  • No of Employees:
  • 1 - 1 000
  • Stock Code:
  • FFB
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • Johannesburg , South Africa
  • Public Interest Score:
  • 750+

 

  • Fortress Income Fund Limited
  • General Information

Description

Fortress Real Estate Investments Limited specialises in developing and acquiring logistics real estate and convenience-based, commuter-oriented retail centres.The company has a strong presence in South Africa and is expanding its logistics portfolio into Central and Eastern Europe. Fortress aims to have a growth-powering portfolio weighted two-thirds logistics and one-third retail. 

  • Logistics: 

    The company focuses on developing and acquiring state-of-the-art logistics properties in strategic locations in South Africa and Central and Eastern Europe. 

  • Retail: 

    It develops and acquires convenience and commuter-oriented retail centres, strategically located in areas like townships, rural areas, suburban nodes, and CBDs, serving a large number of shoppers. 

  • Strategy: 
    Fortress’s strategy is to balance its portfolio between logistics and retail, with a long-term goal of a two-thirds logistics and one-third retail weighting. It also holds an interest in a large CEE property company. 
Hermanus Bosman:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Thavanesan Chetty:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Susan Melanie Ludolph:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Edwin Oblowitz:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Steven Brown:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Moshiko Ramokgadi Rampheri:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jonathon Hillary:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Nonhlanhla Mayisela:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sharron Naidoo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Ian David Vorster:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sipho Vuso Majija:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Hermina Lopion:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Robin Lockhart-Ross:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

Subsribe/ Login to view details on company rating

Subscribe / Login

 

5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 14472
  • Founded Year: 
  • 2009
  • Registration Number: 
  • 2009/016487/06
  • Country: 
  • South Africa
  • Stock Exchanges: 
    • Johannesburg Stock Exchange
  • Financial year end: 
  • June
  • No. of Countries operations: 
  • 2
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Investment
  • Date listed on Stock Exchange: 
  • 01/10/2009

 

  • Contact Information
  • Business operation: 
  • Fortress Real Estate Investments Limited (Fortress REIT), formerly known as Fortress Income Fund Limited, is a South African real estate investment trust (REIT) that specializes in developing, acquiring, and managing a variety of properties
  • Primary office: 
  • Block C, Cullinan Place, Cullinan Close, Morningside 2196 South Africa

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Tamlyn Stevens
  • Reporting currency: 
  • ZAR
  • ISIN number (12 digit): 
JSE
ZAE000248506
  • Authorised shares:
  • 2 000 000 000
  • Issued shares:
  • 1 204 291 830
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 1 shareholder
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

Subscribe/ Login to view more details on Health Status 

Subscribe / Login

 

Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

Credit Rating

NameLogoCountryHeadquartersRating
GCRCredit LogoUnited States of AmericaNew York AA

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Hermanus

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCom LLB, LLM
Date Appointed: 01/08/2024
Duration:
1 year and 3 months
Independance: Y
Profile
Name

Thavanesan

Non Executive
NationalitySouth Africa
RoleNED
QualificationBA (Economics and Geography), MTRP, DipBus(Mgt)
Date Appointed: 01/02/2021
Duration:
4 years and 9 months
Independance: Y
Profile
Name

Susan Melanie

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCom, BAcc, CA(SA)
Date Appointed: 01/12/2018
Duration:
6 years and 11 months
Independance: Y
Profile
Name

Edwin

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCom, CA(SA), C.P.A (Isr.)
Date Appointed: 01/05/2023
Duration:
2 years and 6 months
Independance: Y
Profile
Name

Steven

Executive
NationalitySouth Africa
RoleCEO
QualificationBBusSci (Fin) (Hons), CA(SA), CFA
Date Appointed: 01/07/2016
Duration:
9 years and 4 months
Independance: Y
Profile
Name

Moshiko Ramokgadi

Non Executive
NationalitySouth Africa
RoleNED
QualificationBA (Law), LLB, HDip Tax
Date Appointed: 01/06/2023
Duration:
2 years and 5 months
Independance: Y
Profile
Name

Jonathon Wade

Non Executive
NationalitySouth Africa
RoleNED
QualificationB Compt (Hons), CTA, CA(SA), AMP
Date Appointed: 27/10/2024
Duration:
1 year and 0 month
Independance: Y
Profile
Name

Nonhlanhla

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCom(Acc), PGDM
Date Appointed: 01/08/2024
Duration:
1 year and 3 months
Independance: Y
Profile
Name

Sharron

Non Executive
NationalitySouth Africa
RoleNED
QualificationCA(SA), SEP, BAcc
Date Appointed: 01/03/2025
Duration:
0 year and 8 months
Independance: Y
Profile
Name

Ian David

Executive
NationalitySouth Africa
RoleCFO
QualificationBCom (Hons) (Accounting), CA(SA)
Date Appointed: 01/12/2018
Duration:
6 years and 11 months
Independance: Y
Profile
Name

Sipho Vuso

Executive
NationalitySouth Africa
RoleED
QualificationDCE, BSc (Hons) (Property Studies), MBA
Date Appointed: 01/05/2017
Duration:
8 years and 6 months
Independance: Y
Profile
Name

Hermina

Non Executive
NationalitySouth Africa
RoleNED
QualificationBSc, EDP
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Robin

Non Executive
NationalitySouth Africa
RoleNED
QualificationCA(SA), BCom, H.dip(Accounting), B.Com (Hons) (Tax), MAcc (Tax)
Date Appointed: 01/07/2020
Duration:
5 years and 4 months
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Hermanus Bosman

Duration1 year and 3 months
Profile
Name

Thavanesan Chetty

Duration4 years and 9 months
Profile
Name

Susan Melanie Ludolph

Duration6 years and 11 months
Profile
Name

Edwin Oblowitz

Duration2 years and 6 months
Profile
Name

Steven Brown

Duration9 years and 4 months
Profile
Name

Moshiko Ramokgadi Rampheri

Duration2 years and 5 months
Profile
Name

Jonathon Wade Hillary

Duration1 year and 0 month
Profile
Name

Nonhlanhla Mayisela

Duration1 year and 3 months
Profile
Name

Sharron Naidoo

Duration0 year and 8 months
Profile
Name

Ian David Vorster

Duration6 years and 11 months
Profile
Name

Sipho Vuso Majija

Duration8 years and 6 months
Profile
Name

Hermina Lopion

Duration5 years and 10 months
Profile
Name

Robin Lockhart-Ross

Duration5 years and 4 months
Profile

 

Director Experience

Name
Experience
Name

Steven

Experience Financial Services, Real Estate
Profile
Name

Thavanesan

Experience Business Services, Asset Management
Profile
Name

Hermina

Experience Real Estate, Business Services
Profile
Name

Susan Melanie

Experience Business Services, Financial Services
Profile
Name

Sipho Vuso

Experience Real Estate, Business Services
Profile
Name

Moshiko Ramokgadi

Experience Legal, Financial Services, Real Estate
Profile
Name

Ian David

Experience Business Services, Financial Services
Profile
Name

Edwin

Experience Financial Services, eCommerce
Profile
Name

Robin

Experience Business Services, Financial Services, Banking
Profile
Name

Hermanus

Experience Legal, Financial Services, Banking
Profile
Name

Nonhlanhla

Experience Financial Services, Asset Management, Real Estate
Profile
Name

Jonathon Wade

Experience Financial Services, Business Services, Asset Management
Profile
Name

Sharron

Experience Telecom, Financial Services, Retail, Investment, Media and Advertising
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2011
Year14 years and 10 months
Date: Resigned: 01/01/2021
Profile
Name

KPMG

Date Appointed01/01/2021
Year4 years and 10 months
Profile

 

 

Company Committees

Name

Steven Brown

Mainboard, Audit, Remuneration BD
Profile
Name

Thavanesan Chetty

Mainboard, Audit, Remuneration BD
Profile
Name

Hermina Lopion

Mainboard, Audit, Remuneration BD
Profile
Name

Susan Melanie Ludolph

Mainboard, Audit, Remuneration BD
Profile
Name

Sipho Vuso Majija

Mainboard, Audit, Remuneration BD
Profile
Name

Moshiko Ramokgadi Rampheri

Mainboard, Audit, Remuneration BD
Profile
Name

Ian David Vorster

Mainboard, Audit, Remuneration BD
Profile
Name

Edwin Oblowitz

Mainboard, Audit, Remuneration BD
Profile
Name

Robin Lockhart-Ross

Mainboard, Audit, Remuneration BD
Profile
Name

Hermanus Bosman

Mainboard, Audit, Remuneration BD
Profile
Name

Nonhlanhla Mayisela

Mainboard, Audit, Remuneration BD
Profile
Name

Jonathon Wade Hillary

Mainboard, Audit, Remuneration BD
Profile
Name

Sharron Naidoo

Mainboard, Audit, Remuneration BD
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT