Pick n Pay and Fortress co-invest in a super-distribution-centre development

Once complete, it will be one of the largest distribution centres in Africa.

This signature partnership with Pick n Pay puts Fortress Logistics on track to roll out its strategy of developing and owning two thirds of its portfolio in logistics – “making us the largest owner and ongoing developer of core, premium-grade logistics real estate in South Africa,” says Steven Brown, CEO of Fortress Reit (real estate investment trust).

Brought to you by Fortress Fund.

Moneyweb does not endorse any product or service being advertised in sponsored articles on our platform.

AUTHOR PROFILE

COMMENTS   0

Comments on this article are closed.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR
BTC / USD

Instrument Details  

You do not have any portfolios, please create one here.
You do not have an alert portfolio, please create one here.
INSIDER SUBSCRIPTION APP VIDEOS RADIO / LISTEN LIVE SHOP OFFERS WEBINARS NEWSLETTERS TRENDING

Follow us:

Search Articles:
Click a Company: