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Look at where retail REITs were trading 3-4 years ago versus now, SEA got hammered with the load-shedding m…by @replicant_2209 on $SEA

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replicant2209@replicant_2209·Bearish

Look at where retail REITs were trading 3-4 years ago versus now, SEA got hammered with the load-shedding mess and tenant stress but the asset base is still there. Property always comes back, especially when you're sitting on decent locations. Can't fix stupid if you're panic selling at R13.51 when the yield on this thing is actually decent.

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