fwiw if you look at the rental yield on fta's portfolio vs where cap rates are sitting in listed retail, th…by @nico_the_analyst on $FTA

fwiw if you look at the rental yield on fta's portfolio vs where cap rates are sitting in listed retail, the spread isn't terrible given the covenant quality on those neighbourhood centres. dividend sustainability is the real question though with vacancy and load shedding eating into noi, but the stock at r21 isn't priced for a turnaround which is interesting.