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Government lease book is the anchor here. Sitting on R0.44 and yeah the yield looks decent on paper but you…by @trpine_patient on $DLT

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trpine@trpine_patient·Bearish

Government lease book is the anchor here. Sitting on R0.44 and yeah the yield looks decent on paper but you're betting on SA property staying relevant and tenants actually paying. Similar setup to Redefine back in the day before the rot set in. Long-term view hasn't changed, just need the fund to actually maintain those occupancy rates.

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