Collins Property GRP (JSE: CPP) share price, discussion & sentiment

CPP up 4.66% on decent volume, trading around 11 bucks. Haven't checked latest earnings, but property plays have been under pressure lately so worth verifying if this bounce is backed by better fundamentals or just sector rotation noise.

r150 minimum this week, mark it

property yields are getting squeezed all over but CPP's tenant base held up better than most during the load-shedding chaos last year. occupancy rates still above 85% which is respectable for commercial. at R10.95 the yield's actually sitting okay if they can keep distributions steady, problem is capex requirements on aging stock might bite into distributions sooner than the market thinks.

CPP sitting at R10.95 is cheap on a yield basis compared to the majors. Problem is the portfolio needs better tenants, not just occupancy. Once management lands a blue chip anchor tenant on one of the vacant floors, watch the rerating happen. That's when the money comes in, simple as that.

CPP AT R10.95 IS ABSOLUTE BARGAIN FOR COMMERCIAL PROPERTY PLAY!! LOOK WHAT HAPPENED TO NEPI WHEN THEY SORTED THEIR PORTFOLIO, THIS IS SAME TRAJECTORY!! MASSIVE UPSIDE ONCE ANCHORS START LEASING PROPERLY AND RAND STABILIZES!! LFG!!!

cpp sitting on decent yield at these levels if management can stabilize the tenant base. the vacancy rates in the latest sens were still messy but they've been buying back underperforming assets, which is the right call for a reit under pressure. long term play if you believe commercial real estate recovers when load shedding eases and businesses actually expand again.

where's the distribution yield at though

Honestly liking where CPP is trading at R11.34, commercial property in SA is beaten down but the fundamentals aren't as bad as the sentiment makes it out to be. If they can stabilize the tenant base and keep those distributions coming, there's real value here for patient money.

cpp landlord exposure looking expensive at r11.34

CPP sitting at R11.50 and commercial property is still getting hammered by work-from-home trends. Long-term view hasn't changed but you need patience here, SA office vacancy is brutal. Yields are decent if you believe the turnaround happens once rate cuts start, otherwise you're just waiting for a catalyst that may not come.

CPP sitting at R11.50 and commercial property is still a dogs game in SA but the yield on this is actually decent if you hold long. DPG and Hyprop got smashed but CPP's portfolio looks a bit more stable, they're not too exposed to the really dodgy stuff. Gonna be shocked if this doesn't do something over the next 18 months once rate cuts kick in properly.

CPP sitting at R11.50 feels cheap given the commercial property recovery we're seeing. Comparing to Equites and Redefine, Collins has tighter asset management and lower debt drag, which matters when the office sector finally stabilizes. Long term this is positioned perfectly for the institutional buyer looking for yield without the bloat of the mega-REITs.

cpps been stuck between r11 and r12 for months. dividend yield decent but commercial property is kak right now, load shedding killing retail anchors. wheres the growth story?

Took the opportunity to add more CPP at R11.21 after today's 4% pullback, dividend yield sitting around 7.5% still looks decent for a property counter this beaten down.

CPP's 6.88% pop today suggests the market is pricing in something specific. Is this momentum tied to a potential capital release event, or are we simply seeing dividend yield hunters pile in ahead of distribution season?

Eish, CPP dropped 6.24% today to R1066, that's a bit rough. Is this a buying chance for property lovers or should we wait to see what's actually happening with their portfolio?

Everyone selling CPP today but I'm wondering if this drop to R1066 is maybe too harsh, the trading statement doesn't sound that bad to me. Am I missing something or is this just panic selling?

The 3% pullback in CPP feels overdone given the embedded value hasn't deteriorated materially. If management can unlock value through selective disposals or restructure the balance sheet more aggressively, the market's pricing in excessive caution on the property cycle.

CPP R1100.00, range bound for weeks. Waiting for a catalyst.

CPP grinding higher at R1154 today but I'm curious whether the market's pricing in enough upside from their residential pipeline expansion. With property yields under pressure and interest rate cuts still uncertain, are we looking at a value trap or is the company's focus on affo