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March 2021 Rental income up 19.3% 
March 2021 Rental income up 19.3% 
March 2021 Investment property value up 12.3% to R7.57bn
March 2021 Investment property value up 12.3% to R7.57bn
March 2021 LTV ratio of 24.1% and 85.4% hedged
March 2021 LTV ratio of 24.1% and 85.4% hedged
March 2021 Like-for-like rental income up 8.6% (SA) and 6.3% (UK)
March 2021 Like-for-like rental income up 8.6% (SA) and 6.3% (UK)
March 2021 Final dividend 54.08 cents
March 2021 Final dividend 54.08 cents
March 2021 Portfolio occupancy up 28 500m2 (SA 18 500m2; UK 9 600m2)
March 2021 Portfolio occupancy up 28 500m2 (SA 18 500m2; UK 9 600m2)

Welcome to Stor-Age Property REIT

Stor-Age Property REIT Limited (“Stor-Age”), a fully integrated and internally managed real estate investment trust (“REIT”), is the leading and largest self storage property fund and brand in South Africa.

A highly specialised property fund focused on the fast growing self storage sector, a niche sub-sector of the broader commercial property market, Stor-Age develops, acquires and manages high profile self storage properties.

Successfully listing on the JSE in November 2015, Stor-Age services more than 38 400 tenants across its portfolio of 85 properties (74 trading and 11 new properties in the development pipeline). The South African portfolio comprises 52 self storage properties totalling c. 366 000 m² of GLA. In the UK Stor-Age owns Storage King (6th largest UK self storage brand) comprising 22 self storage properties with c. 82 800 m² of GLA. Our pipeline, of 11 new properties, will offer c. 57 400 m² of GLA once fully developed.

Stor-Age pioneered the development of high profile Big Box self storage properties in outstanding locations in South Africa.

Stor-Age’s objective is to deliver an attractive income stream from a portfolio of high quality self storage properties with potential for income and capital growth through increasing rentals and occupancy levels, expanding existing properties and acquiring additional self storage properties.