Time to bulk up on Redefine?
The company is trading at one of the biggest discounts to NAV in the sector while offering a yield of more than 13%
09 May 2024 - 05:00
Income chasers looking to lock in multiyear high dividend yields before interest rates start to drop should have Redefine Properties on their radars.
The sector heavyweight, with a portfolio that recently breached R100bn for the first time, is trading at one of the biggest discounts to NAV in the listed property sector and offers a juicy yield of more than 13%. ..
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