Fortress Real Estate Investments Management
Management criteria checks 0/4
Fortress Real Estate Investments' CEO is Steve Brown, appointed in Jul 2019, has a tenure of 6.42 years. total yearly compensation is ZAR39.06M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth ZAR137.74M. The average tenure of the management team and the board of directors is 1.9 years and 2.6 years respectively.
Key information
Steve Brown
Chief executive officer
R39.1m
Total compensation
| CEO salary percentage | 11.18% |
| CEO tenure | 6.4yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | R39m | R4m | R3b |
| Mar 31 2025 | n/a | n/a | R3b |
| Dec 31 2024 | n/a | n/a | R3b |
| Sep 30 2024 | n/a | n/a | R4b |
| Jun 30 2024 | R26m | R4m | R4b |
| Mar 31 2024 | n/a | n/a | R5b |
| Dec 31 2023 | n/a | n/a | R6b |
| Sep 30 2023 | n/a | n/a | R6b |
| Jun 30 2023 | R10m | R4m | R6b |
| Mar 31 2023 | n/a | n/a | R4b |
| Dec 31 2022 | n/a | n/a | R2b |
| Sep 30 2022 | n/a | n/a | R1b |
| Jun 30 2022 | R8m | R5m | R778m |
| Mar 31 2022 | n/a | n/a | R2b |
| Dec 31 2021 | n/a | n/a | R4b |
| Sep 30 2021 | n/a | n/a | R4b |
| Jun 30 2021 | R6m | R5m | R3b |
| Mar 31 2021 | n/a | n/a | -R2b |
| Dec 31 2020 | n/a | n/a | -R8b |
| Sep 30 2020 | n/a | n/a | -R8b |
| Jun 30 2020 | R8m | R5m | -R8b |
| Mar 31 2020 | n/a | n/a | -R3b |
| Dec 31 2019 | n/a | n/a | R3b |
| Sep 30 2019 | n/a | n/a | R3b |
| Jun 30 2019 | R4m | R4m | R3b |
Compensation vs Market: Steve's total compensation ($USD2.30M) is above average for companies of similar size in the ZA market ($USD1.34M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Steve Brown (45 yo)
Mr. Steven Brown, also known as Steve, CA (SA), CFA, B.Bus.Sci has been Executive Director of Fortress Real Estate Investments Limited (formerly known as Fortress REIT Limited) since July 02, 2018. He has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 6.4yrs | R39.06m | 0.47% ZAR 140.0m | |
| Financial Director | 7yrs | R33.50m | 0.31% ZAR 92.9m | |
| Head of Retail & Executive Director | no data | R31.16m | 0.28% ZAR 84.1m | |
| Head of Investor Relations & Corporate Finance | 1.9yrs | no data | no data | |
| Head of Corporate Social Investment & Transformation | 1.9yrs | no data | no data | |
| Head of Property Development | 1.9yrs | no data | no data | |
| Head of Sustainability | 1.9yrs | no data | no data | |
| Head of Asset Management | 1.9yrs | no data | no data | |
| Company Secretary | 9.7yrs | no data | no data |
Experienced Management: FFB's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 7.6yrs | R39.06m | 0.47% ZAR 140.0m | |
| Financial Director | 7yrs | R33.50m | 0.31% ZAR 92.9m | |
| Head of Retail & Executive Director | 8.6yrs | R31.16m | 0.28% ZAR 84.1m | |
| Independent Non-Executive Chairman | 1.3yrs | R927.00k | no data | |
| Independent Non-Executive Director | 2.6yrs | R1.23m | no data | |
| Independent Non-Executive Director | 2yrs | R1.26m | no data | |
| Independent Non-Executive director | 2.5yrs | R980.00k | no data | |
| Independent Non Executive Director | 7yrs | R1.05m | no data | |
| Independent Non Executive Director | 4.8yrs | R1.05m | no data | |
| Independent Non-Executive Director | 1.3yrs | R685.00k | no data | |
| Independent non-executive director | less than a year | R300.00k | no data |
Experienced Board: FFB's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/05 16:22 |
| End of Day Share Price | 2025/12/05 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fortress Real Estate Investments Limited is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Yesh Pillay | Anchor Stockbrokers Proprietary Limited |