Fairvest Limited A (JSE: FTA) share price, discussion & sentiment

SPENT THE WEEKEND ON FTA, MASSIVE UPSIDE HERE!!

need fta to show some springbok grit at r21

FTA at R21 is decent value for a retail reit when you look at the yields on the neighbourhood centres, ngl. Picked up more at R20.80 last week, good day to top up if you reckon the load-shedding impact on foot traffic settles down. Long term the suburban and township portfolio should compound nicely, beats sitting in cash.

fwiw if you look at the rental yield on fta's portfolio vs where cap rates are sitting in listed retail, the spread isn't terrible given the covenant quality on those neighbourhood centres. dividend sustainability is the real question though with vacancy and load shedding eating into noi, but the stock at r21 isn't priced for a turnaround which is interesting.

FTA's been holding up better than most retail REITs with that neighbourhood centre focus, those places still need tenants even when the malls struggle. Distribution yield sitting decent at these levels and they're not over-leveraged like some others. Long game is solid if load-shedding doesn't crater the small retailers too hard.

FTA sitting at R18.90 and honestly the yield on these neighbourhood centres is starting to look decent again. REITs got hammered but Fairvest's portfolio in the suburbs and townships is less flashy than the big malls, which means less drama when things get tough. If they can keep the rental collections steady through the load-shedding chaos, this could quietly do well over the next couple years.

FTA AT R18.90 IS A STEAL WHEN YOU LOOK AT WHAT RUNWAYS AND ALSO DID WITH THEIR RETAIL PORTFOLIOS!! NEIGHBOURHOOD CENTRES IN THE TOWNSHIPS ARE PRINTING MONEY RIGHT NOW, EVERYONE NEEDS GROCERIES AND SMOKES NO MATTER THE ECONOMY!! BEST IS YET TO COME!!

Fair doing ok at R18.90 given what retail property's been through. Dividend yield's still decent if they keep the collections steady, and those township centres aren't exactly oversupplied like the malls are. Long game here is boring but that's the point, ngl.

FTA at R18.40 is still trading well below pre-pandemic levels, which makes the current yield attractive for patient income investors willing to hold through the property cycle recovery. The residential rental market fundamentals remain challenged, but if management executes on po

Been digging the latest results, holding

FTA sitting at R18.88 is a steal if they keep the dividend flowing. Shopping centres in townships are recession-proof compared to malls, people gotta buy groceries no matter what. Reckon R150 minimum this year if they sort the vacancy rate, mark it.

R35 BY YEAR END EASY!!

Do you think the vacancy rates in those township centres actually improve when the rand weakens tho. Rentals stay flat but tenant defaults go up, that's usually how it plays out.

Grabbed some FTA at R18.10 on this dip, the yield's still decent and property fundamentals aren't as broken as the price action suggests.

FTA's 2.78% pop today feels like it's getting ahead of the dividend growth story. The fund's distribution sustainability hinges on asset values holding up in a property market that's been under pressure, and if yield-chasing money is driving this move rather than genuine NAV appr

FTA up 2.78% to R1809 today, which is interesting given the broader REIT malaise we've been seeing. Compared to Resilience (RES) which has been hammered on its high LTV and dodgy office exposure, Fairvest's retail-focused portfolio and lower leverage make it a relative safe haven

FTA trading at R1810 has me questioning whether the recent uptick reflects genuine improvement in their property portfolio quality or just momentum chasing in a sector starved for growth. With residential property under pressure and their balance sheet carrying meaningful debt le

FTA up 1.34% to R1810 today, which is decent movement in property stocks lately. Compared to the broader real estate sector, Fairvest's dividend yield and capital appreciation track record over the past decade has outpaced many peers, though valuations have compressed across the

Dumped half my FTA at R1800 this morning—distribution yield isn't cutting it when property valuations are under pressure across the board.

FTA up 3% to R1809 today - someone's buying into the property story again. Question is whether this holds or just relief after getting hammered.