Supermarket Income REIT

SRI +4.3% and vol is picking up. R1960.00, watching the close.

SRI catching a bid at R1880 with that 2.45% pop, but I'm not convinced the grocery retail REIT space has turned the corner yet. We're still in a consumer retrenchment phase where foot traffic remains under pressure, and while the yield cushion is there, the structural headwinds i

SRI up 2.89% today, that's lekker. REITs been treating me alright lately, wonder if this holds or if it's just a quick pop.

SRI up 2.89% today, sitting at R1888 - that's what happens when people keep shopping at the malls hey. I'm in Woolies stores all the time, so owning a piece of the property that houses them makes sense to me.

SRI's distribution yield sits around 7.2% at R1863, which is lekker attractive given the low interest rate environment, but the REIT's exposure to grocery anchors means you're largely dependent on consumer spending holding up through the load-shedding cycle and retail margin comp

R1884 is still expensive for a REIT dependent on struggling retailers. Those distribution yields don't justify the valuation risk when consumer spending keeps slowing.