VKE flatlined at R25.03 but the fund's 6.5% yield and defensive retail exposure shouldn't be pricing in con…by @tsquared_jse on $VKE

VKE flatlined at R25.03 but the fund's 6.5% yield and defensive retail exposure shouldn't be pricing in continued weakness, especially with property valuations looking stretched on the downside. Market's being too pessimistic on the recovery timeline here.