L2D portfolio recovering from Covid-19 blow

While the reopening of the South African economy has contributed to a recovery in trading conditions for Liberty Two Degrees (L2D), the company’s operational performance for the first six months of this year was significantly impacted by the Covid-19 pandemic and the implementation of a national lockdown. The reopening of the economy saw a marked improvement in footcount at L2D’s centres, with most tenants now having opened for trade.

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