RESILIENT:  6,014   -43 (-0.71%)  17/06/2019 00:00

Fortress Reit Enters Into Non-Binding Expression Of Interest To Acquire Some Properties From Resilient Reit

March 5 (Reuters) - Fortress Reit Ltd:

* DETAILED CAUTIONARY ANNOUNCEMENT REGARDING A PROPOSED ASSET SWAP WITH RESILIENT REIT LIMITED

* ENTERED INTO NON-BINDING EXPRESSION OF INTEREST WITH RESILIENT REIT WHERE CO PROPOSES TO ACQUIRE SOME PROPERTIES FROM RESILIENT

* CO TO ALSO ACQUIRE CO-OWNER LOAN ADVANCED BY RESILIENT IN RESPECT OF TZANEEN LIFESTYLE CENTRE, VALUED AT R59 MILLION AS AT 30 JUNE 2018 Source text for Eikon: Further company coverage:

2019-03-05 15:31:21

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