Shareholders left between a rock and a hard place after a final failed attempt to salvage the company’s Reit status.
Should you bail out of Fortress given the likely prospect of zero dividends for the next four years?
That’s no doubt the question many investors — retirees and pension funds in particular — are grappling with after the JSE’s decision last month to strip the company of its real estate investment trust status...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: