L2D achieves improved retail occupancies despite Covid-19 lockdowns

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L2D CEO Amelia Beattie said on Monday that 79 renewals were concluded in the first six months of 2021, with 69 in the retail space and 10 office deals, equating to 23 803m
2 of the total gross lettable area.
The office portfolio occupancy has declined marginally to 86.6% (from 86.8% in March 2021 and 89.9% in June 2020) but remained above the SA Property Owners Association (Sapoa) office benchmark of 85% in the second quarter of 2021.

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