Liberty Two Degrees (L2D) — the landlord with exposure to some of SA’s premium shopping centres including Sandton City, Melrose Arch and Eastgate — has pulled off positive trading-density growth across its retail portfolio despite the plight of high-profile tenants such as Edcon, Forever 21 and Hamleys.

L2D’s portfolio recorded trading-density growth of 3%, with Sandton City achieving 8.4%, in the year to end-September. Trading density is the turnover generated per rentable square metre in a shopping centre.

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