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Liberty Two Degrees(L2D)

Description: Liberty Two Degrees was converted and relisted as a corporate REIT on the JSE main board on 1 November 2018 as Liberty Two Degrees Limited (L2D Limited) following the conversion from a CISIP. The new structure cancels the Liberty Group PUT option for no consideration and internalises the management company. The structure also introduces a conservative level of debt to the capital structure of L2D Limited, which will assist in reducing the weighted average cost of capital over time.


Keywords: Real Estate Investment Trust Capital Structure Cost Of Capital

Home Page: www.liberty2degrees.co.za

17 Melrose Boulevard
Johannesburg, 2196
South Africa
Phone: 27 11 448 5500


Officers

Name Title
Ms. Amelia Beattie B.Comm CEO & Exec. Director
Mr. Jose Snyders Financial Director & Exec. Director
Mr. Jonathan Sinden Chief Operations Officer
Ms. Sumenthree Moodley C.F.A. Head of Analysis & Investor Relations
Ms. Farhana Haffejee Head of Legal of Stanlib REIT Fund Mang.s RF Proprietary Limited
Mr. Benjamin Swanepoel Company Sec. & Compliance Officer
Ms. Heloise Mgcina Marketing & Communications Exec.

Exchange: JSE

Country: ZA

Currency: South African Rand cents (R)

Forward PE: 0
Trailing PE: 24.8947
Price-to-Book MRQ: 0.595
Price-to-Sales TTM: 4.2927
IPO Date:
Fiscal Year End: December
Full Time Employees: 28
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