Sign in
Back to $GRT

industrial portfolio is actually doing work while retail gets hammered, that's the saving grace here. distr…by @scandi_jse64 on $GRT

Replying to
TT
TTT Trading@jse_tttrading·Bearish

rand holding up a bit but commercial property still taking strain from load-shedding and weak consumer spending. grt's industrial portfolio carrying it though, logistics stuff actually holding rents. long-term view hasn't changed, decent yield at r17.58 if they can navigate the next rate cycle without major defaults. markets shaky but property always recovers when inflation finally cools.

View
SC
Replying to TTT Trading on $GRT“rand holding up a bit but commercial property still taking strain from load-shedding and weak consumer spending. grt's industrial portfolio …”
Scandi64@scandi_jse64·Bearish

industrial portfolio is actually doing work while retail gets hammered, that's the saving grace here. distributions still solid so the yield isn't fake, just need the rate cycle to turn and some actual tenant demand to come back. at r17.62 not bad if you're playing the long game, once the portfolio stabilises properly then it runs.

View