Who we are
Read more Stor-Age is the largest and most recognisable self storage property fund and brand in South Africa with a portfolio worth more than R2.95 billion. We are the first and only self storage Real Estate Investment Trust (REIT) listed on any emerging market exchange. Our highly specialised business focuses on the fast growing self storage sector – a niche sub-sector of the broader commercial property market.
CEO Report
31 March 2017 marks the first full year for Stor-Age trading publicly as a JSE-listed REIT following the previous decade of trading privately. Stor-Age’s listing brought a low-risk, income paying specialist REIT to market.
We are pleased to report another set of attractive results reflecting our disciplined execution of the strategy and the ongoing management of our portfolio.
Highlights
More highlights Our Portfolio
Read more
Listed Portfolio, 12 in the Managed Portfolio
and 6 in the pipeline)
TRADING PORTFOLIO:
43 properties
R2.96bn
300 000 m²
18 500+ tenants
LISTED PORTFOLIO:
31 properties
R2.1bn
233 000 m²
15 000+ tenants
MANAGED PORTFOLIO:
12 properties
c. R860m
67 000 m²
3 500+ tenants
PIPELINE:
6 properties
c. R465m
39 000 m²
Select a region on the map to view our stores
Western Cape
Listed Property Portfolio
Address: Cnr of Peter Barlow and
Kasselsvlei
Road, Bellville, Cape Town
GLA m2: 5 874
Value R’000: 60 900
Listed Property Portfolio
Address: 255 Voortrekker Road,
Maitland,
Cape Town
GLA m2: 1 027
Value R’000: 16 393
Managed Property Portfolio
Address: Cnr of Main Road & Brooke Street,
Claremont, Cape Town
GLA m2: 7 944
GLA (full capacity) m2: 8 091
Listed Property Portfolio
Address: Cnr of Pinehurst Drive
and
Okavango Road, Pinehurst,
Cape Town
GLA m2: 9 722
Value R’000: 103 000
Listed Property Portfolio
Address: 4 Plein Street,
Durbanville, Cape
Town
GLA m2: 7 804
Value R’000: 86 300
Listed Property Portfolio
Address: 1 Southdale Road
Edgemead, Cape
Town
GLA m2: 4 713
Value R’000: 58 799
Listed Property Portfolio
Address: 121 Roeland Street,
Gardens, Cape
Town
GLA m2: 9 235
Value R’000: 185 000
Listed Property Portfolio
Address: Springfield Street,
Ottery, Cape
Town
GLA m2: 5 362
Value R’000: 42 050
Listed Property Portfolio
Address: 67 Regent Road,
Sea Point, Cape
Town
GLA m2: 2 756
Value R’000: 56 600
Listed Property Portfolio
Address: 42 Delson Circle,
Somerset West,
Cape Town
GLA m2: 4 971
Value R’000: 45 000
Managed Property Portfolio
Address: Cnr Forsyth Road & De Beers
Avenue, Somerset West, Cape town
GLA m2: 5 507
GLA (full capacity) m2: 5 507
Listed Property Portfolio
Address: 24 Ou Paardevlei Road,
Somerset
West, Cape Town
GLA m2: 7 608
Value R’000: 89 000
Listed Property Portfolio
Address: 7 George Blake Street
and 6
Stoffel Smit Street,
Stellenbosch
GLA m2: 6 063
Value R’000: 67 000
Listed Property Portfolio
Address: 121 Koeberg Road,
Corner of
Koeberg and Blaauwberg
Road, Table View, Cape Town
GLA m2: 10 087
Value R’000: 115 000
Listed Property Portfolio
Address: 64-74 White Road,
Retreat, Cape
Town
GLA m2: 8 129
Value R’000: 92 000
Managed Property Portfolio
Address: 37 Informal Road, Westlake, Cape
Town
GLA m2: 2 249
GLA (full capacity) m2: 2 249
Gauteng
Listed Property Portfolio
Address: 37 View Point Road, Bartlett,
Boksburg, Johannesburg
GLA m2: 7 229
Value R’000: 65 000
Managed Property Portfolio
Address: Cnr of Jan Shoba & Justice
Mohamed Street, Brooklyn, Pretoria
GLA m2: 7 022
GLA (full capacity) m2: 7 582
Listed Property Portfolio
Address: Cnr of Hendrik Potgieter and 14th
Avenue, Constantia Kloof, Johannesburg
GLA m2: 5 375
Value R’000: 62 000
Listed Property Portfolio
Address: 17 JG Strydom Drive, Constantia Kloof,
Johannesburg
GLA m2: 7 928
Value R’000: 100 000
Listed Property Portfolio
Address: Plot 13 Garsfontein Road,
Grootfontein, Pretoria
GLA m2: 9 711
Value R’000: 40 000
Managed Property Portfolio
Address: 60 Civin Drive Germinston,
Johannesburg
GLA m2: 3 606
GLA (full capacity) m2: 8 596
Listed Property Portfolio
Address: Jakaranda Street, Hennopspark,
Pretoria
GLA m2: 9 385
Value R’000: 68 050
Managed Property Portfolio
Address: Cnr of 40th Avenue & 24th Street,
Irene, Pretoria
GLA m2: 5 034
GLA (full capacity) m2: 6 000
Listed Property Portfolio
Address: 32 Rosettenville Road, Village Main,
Jhb City, Johannesburg
GLA m2: 7 848
Value R’000: 51 500
Listed Property Portfolio
Address: Cnr of Cheetah and Klipspringer
Street, Kempton Park, Johannesburg
GLA m2: 9 214
Value R’000: 67 500
Listed Property Portfolio
Address: 1250 Theron Street, Pierre van
Rhyneveld, Pretoria
GLA m2: 20 941
Value R’000: 121 000
Listed Property Portfolio
Address: 492 Komondor Road, Glen Austin X3,
Midrand, Johannesburg
GLA m2: 7 248
Value R’000: 48 500
Listed Property Portfolio
Address: 65 Freight Road, Cnr of Old
Johannesburg and Brakfontein, Louwlardia Ext 13, Centurion,
Pretoria
GLA m2: 7 548
Value R’000: 82 500
Listed Property Portfolio
Address: 39 Tulip Avenue, Raslow, Pretoria
GLA m2: 8 259
Value R’000: 38 800
Managed Property Portfolio
Address: 738 Blesbok Street Pretoria East
GLA m2: 5 525
GLA (full capacity) m2: 7 500
Listed Property Portfolio
Address: 1384 Malie Street, Pretoria West
GLA m2: 4 161
Value R’000: 9 800
Listed Property Portfolio
Address: 29 Rietspruit Rd, Samrand,
Pretoria
GLA m2: 7 978
Value R’000: 52 600
Managed Property Portfolio
Address: Six Fountains Boulevard off Hans
Strijdom Drive, Six Fountains, Pretoria
GLA m2: 5 447
GLA (full capacity) m2: 9 096
Managed Property Portfolio
Address: 4 Kikuyu Road, Sunninghill,
Johannesburg
GLA m2: 6 149
GLA (full capacity) m2: 7 500
Listed Property Portfolio
Address: Portion 610, St Antonios Road,
Muldersdrift, Johannesburg
GLA m2: 3 302
Value R’000: 21 721
Listed Property Portfolio
Address: 70 Migmatite Street, Zwartkop Ext 13,
Pretoria
GLA m2: 9 340
Value R’000: 56 000
Free State
Listed Property Portfolio
Address: Sand Du Plessis Avenue, Estoire,
Bloemfontein
GLA m2: 6 679
Value R’000: 24 500
Kwa-Zulu Natal
Managed Property Portfolio
Address: 23 Calder Road, Berea. Durban
GLA m2: 2 614
GLA (full capacity) m2: 8 354
Managed Property Portfolio
Address: 33 Flanders Drive, Mount Edgecombe,
Durban
GLA m2: 8 755
GLA (full capacity) m2: 8 755
Listed Property Portfolio
Address: 166 Intersite Avenue, Umgeni Business
Park, Durban
GLA m2: 5 516
Value R’000: 32 000
Eastern Cape
Listed Property Portfolio
Address: Plot 136 Old Cape Road, Port Elizabeth
GLA m2: 11 016
Value R’000: 58 000
Managed Property Portfolio
Address: 85 Warbler Road, Westering, Port
Elizabeth
GLA m2: 6 826
GLA (full capacity) m2: 9 393
Our business
Stor-Age owns and operates 31 of these properties, covering 233 000 m² GLA – our Listed Portfolio. We manage over 18 500 individual leases with a churn rate of 5 – 6% per month and over 900 new tenants moving in each month.
Read more Financial Review
These results represent the group’s first full 12-month reporting period since listing. The previous report covered the four-and-a-half month period between listing and the 2016 financial year end.
Read more Accountability and sustainability
Risk management is integral to our strategic management. We proactively manage risk to remain a competitive and sustainable business, enhancing our operational effectiveness and continuing to create value...
Read more 