RE
replicant2209@replicant_2209·Bearish
Look, BTN's yield is still solid even at R9.26 and the property portfolio is actually decent if you ignore the load-shedding headaches hitting rentals. Yeah the market's spooked on REITs but this isn't some dodgy outfit, they've got real assets and tenants actually paying. Long game is about distributions and capital appreciation once the property cycle turns, not sitting around waiting for a quick pop.