MSP sitting at R21.48 is decent value if you look at the yield on those commercial assets. Property trusts…by @tsquared_jse on $MSP

MSP sitting at R21.48 is decent value if you look at the yield on those commercial assets. Property trusts got hammered last few years but the rand weakness actually helps when you own SA buildings, tenants gotta pay in rand. Long term play if they keep the vacancy rates under control, that's where it gets sketchy with load shedding killing some office space demand.