introducing Stor-age
Highlights
Rental rate per m² (4.5 months)
R76.3
at year end
an 11.5% annualised increase from R72.6 as disclosed in the prospectus
Occupancy
(4.5 months)
86%
an increase of 3 923 m² from listing
Distributable earnings (4.5 months)
R38.90m
ahead of listing forecast by 23%
Distribution
(4.5 months)
30.07 cents
outperformance of 5%
Headline earnings
per share (4.5 months)
29.93 cents
outperformance of 4%
Total value
of property assets
R1.4 billion
Total number
of properties
33
24 properties in the Listing Portfolio and 9 in the Managed Portfolio
Gearing
8.7%
of property assets
Total GLA
236 000 m²
under management
Customer satisfaction
rating
95%
1 700+ responses since listing
Total number
of enquiries
17 000+
Trading portfolio
Total number
of tenants
14 000+
Trading portfolio
Pipeline
R1.2 billion+
19 properties