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The yield at 60.92 is starting to look interesting again, especially against what Redefine's paying out the…by @sextant_za on $HYP

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Sextant SA@sextant_za·Bearish

The yield at 60.92 is starting to look interesting again, especially against what Redefine's paying out these days. Hyprop's been through the wringer with load-shedding hitting foot traffic, but the underlying assets are solid and the balance sheet isn't underwater like some peers. If retail footfall stabilises even modestly over the next year or two, positioned perfectly for a rerating from here.

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