SSS IAR 2020

WHO WE ARE

Stor-Age is the leading and largest self storage property fund and brand in South Africa, and the first and only self storage Real Estate Investment Trust (REIT) listed on any emerging market exchange. During the year, we made significant strides in driving alignment across our business. We concluded the strategic acquisition of the unlisted Managed Portfolio and integrated critical functions of our UK operation, Storage King, the sixth largest self storage brand in the UK. Our portfolio comprises 65 properties across South Africa and the UK, with a combined value of over R6.0 billion.


HIGHLIGHTS
 

106.68 cents | Up 9.05%
Total dividend


63.2% | Including 7.5% (SA)
Growth in net property income


6.3% | UK
Growth in net property operating income, on a like-for-like Basis
Strong operational income, on a like-for-like basis


88 400 m2
Increase in occupied space
SA – 80 000 m2 ; UK – 8 400 m


INTEGRATED ANNUAL REPORT 2019