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South African mall operators will continue to provide rental relief in 2021


Redefine to provided additional 46 mln rand in rent
discounts
Redefine now poised for expansion after disposals
JOHANNESBURG, Feb 22 (Reuters) - Two of South Africa s prime
commercial property owners will extend rental relief to
struggling tenants this year, in a sign the impact of COVID-19
is far from over for hard-hit real estate firms although they
see the tide turning at the end of 2021.
Liberty Two Degrees (L2D) and Redefine Properties
- owners of some prominent commercial real estate in
Johannesburg and Cape Town - said they would have to provide
rental relief for longer.
South African commercial real estate sector - with its ....

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