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September 2020 Rental income and net property income up 21.3% and 13.3% respectively
September 2020 Rental income and net property income up 21.3% and 13.3% respectively
September 2020 Investment property value up 18.1% to R7.3bn
September 2020 Investment property value up 18.1% to R7.3bn
September 2020 LTV ratio of 26.7% and 85.5% hedged
September 2020 LTV ratio of 26.7% and 85.5% hedged
September 2020 SA - like-for-like rental income up 6.1%
September 2020 SA - like-for-like rental income up 6.1%
September 2020 Interim dividend 52.00 cents 
September 2020 Interim dividend 52.00 cents
September 2020 Total portfolio occupancy up 26 100m2, including 10 300m2 like-for-like
September 2020 Total portfolio occupancy up 26 100m2, including 10 300m2 like-for-like

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 36 800 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. 365 800 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.