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SSS IAR 2024

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. November 2023 marked the eight-year anniversary since listing on the Johannesburg Stock Exchange (JSE) and during this period we have successfully grown the portfolio from 24 to 103 properties, GLA from 181 300 m2 to 589 600 m2 and the value of the property portfolio to R17.3 billion. We continue to deploy capital strategically, adding quality and scale to our high-quality portfolio in South Africa and the UK on a select basis and in-line with our strict investment criteria.


HIGHLIGHTS
 

118.17 cents
Total dividend

13.3%
Total return


14.8% and 14.4%
Growth in rental income and net property operating income


92.1% (SA) | 83.5% (UK)
Closing occupancy


10 700 m2
Increase in occupied space
SA – 8 700 m2 ; UK – 2 000 m


INTEGRATED ANNUAL REPORT 2024