The majority of properties managed by L2D are focused towards retail rental income. The remaining rental income comprises office space and hotels while a small portion can be attributed to specialised rental opportunities.
The location and iconic nature of the properties held by L2D continues to support the portfolio’s robustness, achieving higher than average trading densities.
L2D’s approach to establishing iconic, lifestyle and leisure destinations ensures that its retail centres remain relevant despite the cyclical slowdown in consumer confidence and are poised to recapture growth as confidence returns.
L2D prides itself on the quality and iconic nature of all of its properties.
|as at 31 December 2018|
|Number of properties||17|
|Total gross lettable area1||907,000m2|
|Market capitalisation||R6.7 billion|
|Net asset value per share||R9.45