Company
Liberty Two Degrees Ltd
Headquarters: Johannesburg, South Africa
CEO: Ms. Amelia Beattie B.Comm
Market Cap
R3.39 Billion
ZAR as of July 1, 2023
US$180.1 Million
Liberty Two Degrees Ltd Categories
South Africa Real Estate REIT—RetailSouth Africa Real Estate South Africa REIT—Retail
Top Competitors by Market Capitalization
Industry: REIT—Retail
| Company | Market Cap (USD) |
|---|---|
| Simon Property Group, Inc. | $65.66 B |
| Realty Income Corporation | $47.38 B |
| Kimco Realty Corporation | $15.29 B |
| Regency Centers Corporation | $12.98 B |
| Scentre Group | $11.11 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $109.79 B |
| Equinix, Inc. (REIT) | $90.79 B |
| American Tower | $87.10 B |
| Welltower Inc. | $82.34 B |
| Simon Property Group, Inc. | $65.66 B |
Detailed 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.
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Stocks & Indices
Liberty Two Degrees Ltd has the following listings and related stock indices.
Stock: JSE: L2D wb_incandescent