Liberty Two Degrees keeps interim dividend unchanged
Landlord’s net property income in the six months to end-June rose thanks to recent acquisitions, which helped it grow its portfolio value
29 July 2019 - 09:09
Liberty Two Degrees, the landlord that owns a quarter of Sandton City Shopping Centre, has kept its half-year dividend unchanged as mall owners grapple with stagnant consumer demand.
The company’s net property income in the six months to end-June rose 24.2% to R338.8m thanks to recent acquisitions, which helped it grow its portfolio value to R10.2bn...
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