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MSP at R21.50 trades at a meaningful discount to Redefine Property (RDF) on a price-to-book basis, though R…by @scandi_jse64 on $MSP

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Scandi64@scandi_jse64·MemberNeutral

MSP at R21.50 trades at a meaningful discount to Redefine Property (RDF) on a price-to-book basis, though Redefine's higher dividend yield reflects stronger tenant quality and geographic diversification. The gap suggests either MSP offers better value or the market is pricing in

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