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PHP sitting at R20.12 and honestly the rental yield on medical properties is still solid even if equities a…by @jse_tttrading on $PHP

TT
TTT Trading@jse_tttrading·Bearish

PHP sitting at R20.12 and honestly the rental yield on medical properties is still solid even if equities are getting hammered. Rate hikes have slowed down so the pressure on borrowing costs should ease, but tenants are still squeezed. Long-term view hasn't changed, these healthcare facilities aren't going anywhere, load-shedding hits everyone but doctors still need spaces. I'll keep holding as long as it takes for the market to stop being so jumpy about EM exposure.

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