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FTA at R21 is decent value for a retail reit when you look at the yields on the neighbourhood centres, ngl.…by @bayman_jse on $FTA

BA
Bayman@bayman_jse·Neutral

FTA at R21 is decent value for a retail reit when you look at the yields on the neighbourhood centres, ngl. Picked up more at R20.80 last week, good day to top up if you reckon the load-shedding impact on foot traffic settles down. Long term the suburban and township portfolio should compound nicely, beats sitting in cash.

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