News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    Liberty to list company that will allow investors to access country's leading malls

    Liberty is set to list a property company giving South Africans exposure to some of the country's top malls for the first time.
    Liberty to list company that will allow investors to access country's leading malls
    © Igor Stepovik – 123RF.com

    Liberty Two Degrees is expected to list in the week of December 5.

    It will own undivided shares in the Liberty property portfolio valued at about R6bn, which is about 22% of Liberty's investment property. Liberty Two Degrees will co-own predominantly retail real estate assets in SA. In Johannesburg, interests will include Sandton City, Eastgate, Nelson Mandela Square and the mixed-use precinct of Melrose Arch.

    Other retail assets will be regional shopping centres: Liberty Midlands Mall in KwaZulu-Natal and Liberty Promenade in Mitchells Plain in the Western Cape, as well as the newly developed Botshabelo Mall in the Free State.

    In addition to the offices already included in the main retail complexes, Liberty Two Degrees will co-own select office properties located in key business nodes with blue-chip anchor tenants, such as the Standard Bank Centre in Johannesburg.

    Source: Business Day

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    More news
    Let's do Biz