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March 2020 Rental income and net property income up 29.7% and 34.1% respectively
March 2020 Rental income and net property income up 29.7% and 34.1% respectively
March 2020 Investment property value up 13.3% to R7.0bn
March 2020 Investment property value up 13.3% to R7.0bn
March 2020 LTV ratio of 30.1% and 79.1% hedged
March 2020 LTV ratio of 30.1% and 79.1% hedged
March 2020 SA - like-for-like rental income up 6.5%
March 2020 SA - like-for-like rental income up 6.5%
March 2020 Total distribution up 5.03% to 112.05cps
March 2020 Total distribution up 5.03% to 112.05cps
March 2020 UK - like-for-like rental income up 5.0%
March 2020 UK - like-for-like rental income up 5.0%

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 34 700 tenants across its portfolio of 79 properties (71 trading and 8 new properties in the development pipeline). The South African portfolio comprises 50 self storage properties totalling c. 365 400 m² of GLA. In the UK Stor-Age owns Storage King (6th largest UK self storage brand) comprising 21 self storage properties with c. 82 800 m² of GLA. Our pipeline, of 8 new properties, will offer c. 53 000 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.