INTRODUCTION

Liberty Two Degrees is a portfolio established under the Liberty Two Degrees Scheme (the Scheme) in terms of the Collective Investment Schemes Control Act, 2002 (Act No.45 of 2002) (CISCA) to afford investors growth in income and capital by investing at fair prices in a balanced spread of immovable properties and related assets permitted by the Trust Deed.

The Scheme was registered by the Registrar of Collective Investment Schemes on 28 October 2016 and is managed by STANLIB REIT Fund Managers (RF) Proprietary Limited (the Manager).The Manager has also been appointed as the asset manager of Liberty Group Limited (LGL)’s interest in the Liberty Property Portfolio (LPP).

THE LIBERTY TWO DEGREES PORTFOLIO

The Liberty Two Degrees Portfolio is an iconic South African retail real-estate property portfolio with assets in

  • Johannesburg (Sandton City, Eastgate Complex and Nelson Mandela Square),
  • Cape Town (Liberty Promenade Mitchells Plain),
  • Midlands (Liberty Midlands Mall) and
  • Bloemfontein (the newly developed Botshabelo Mall).

The Liberty Two Degrees Portfolio also includes interests in the mixed-use precinct of Melrose Arch.

The Sandton City Complex is located in the economic heartland of Johannesburg and showcases some of the most prestigious of international and domestic retailers. The attraction of its long-established presence and overall quality make it irreplaceable and confers brand-value and recognition on the Liberty Two Degrees Portfolio.

The recently refurbished Nelson Mandela Square is a destination centre with a good entertainment offering complementing the neighbouring Sandton City Complex.

Melrose Arch’s office and retail component supports its status as one of the leading mixed use precincts in Johannesburg’s high end Northern Suburbs.

Similarly, the Eastgate Complex, with its strong history and recent upgrade, is located in a large catchment area and has slowly built its way into becoming one of the most prominent malls in Johannesburg.

Liberty Midlands Mall and Liberty Promenade Mall are large high-quality centres within regional catchment areas positioned for high growth.

In addition to the offices included in the Liberty Two Degrees Portfolio’s main retail complexes, the Portfolio also boasts select office properties located in key business nodes with blue-chip anchor tenants, namely the Standard Bank Centre in Johannesburg, Liberty Centre in Century City Office Park in Cape Town and Liberty Centre in Umhlanga Ridge, Durban.

The Liberty Two Degrees Portfolio also includes the John Ross Eco-Junction where the Melomed hospital and other development opportunities will provide diversification and higher yield opportunities.