Fortress Real Estate Investments Limited (Fortress) announced its financial results for the year ending 30 June 2024. Despite facing a year characterised by global and local economic challenges, Fortress has exceeded forecasts, highlighting its robust business model and well-executed strategic initiatives.

Vukile Property Fund (JSE: VKE) has issued R796m of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Strong demand from the market was indicated with total interest of R2.7bn resulting in the issuance being over 3.4 times oversubscribed.