introducing stor-age
Highlights
88.05 cents | Up 10%*
Total dividend
R86 per m2 | Up 12.7%,
including 9.4% like‑for‑like
Closing average rental rate
193 400 m2 – 85% of GLA
| Up 37 700 m2, including
4 000 m2 like‑for‑like
Listed Portfolio occupancy (31 properties)
R2.1 billion | Up R680 million
Investment property (including major strategic
acquisition – Storage RSA (R475 million),
and expansion of Gardens and Durbanville)
11.9% | 82% hedged on a net-debt
basis
Loan to value (LTV)
300 000 m2 GLA |
Up 64 000 m2
Trading Portfolio size (43 properties)
18 500+ | Trading Portfolio
Total number of tenants
R1.3 billion+ | 18 properties
Pipeline and Managed Portfolio
3 new properties opened | 24 450
m2 GLA on full fit-out
Managed Portfolio
| * | Compared to pro forma dividend for the year ended 31 March 2016 of 80 cents, annualised from the 30.07 cents per share total dividend for the four-and-a-half month reporting period from listing to 31 March 2016 |