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FORTRESS INCOME FUND LIMITED - Update regarding Clairwood Logistics Park

Release Date: 07/10/2016 16:52
Code(s): FFA FFB     PDF:  
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Update regarding Clairwood Logistics Park

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA  ISIN:ZAE000192787
                 FFB  ISIN:ZAE000192795
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


UPDATE REGARDING CLAIRWOOD LOGISTICS PARK


Fortress has complied with all pre-commencement conditions in respect of Clairwood Logistics Park, including
environmental authorisation and zoning and has accordingly notified the Competent Authority of its intention to
commence with this project.

The Clairwood Racecourse was acquired in 2012. Fortress intends developing 358 000m² of A-grade logistics
facilities on this property which is strategically located close to the Durban Maydon Wharf at an estimated
development cost in excess of R3,4 billion.

7 October 2016


Sponsor
Java Capital

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