South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.

South Africa’s largest self storage property fund, JSE REIT Stor-Age, has continued on its acquisition trail and has entered into a R95-million transaction for the development and subsequent acquisition of a new property in Craighall, Johannesburg.

Almost two years to the day since listing on 16 November 2015, JSE self storage specialist REIT, Stor-Age, today announced continued strong results for the six months to September 2017 and declared a dividend for the fourth consecutive period of 47.02 cents per share. 

Stor-Age has expanded their portfolio by having now concluded the acquisition of StorTown, KwaZulu-Natals largest self storage facility, from the DanCor Properties Group.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, has closed its accelerated bookbuild to fund the acquisition of the sixth largest self storage brand in the United Kingdom, Storage King.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, will shortly enter the UK self storage market with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.

JSE REIT Stor-Age - South Africa’s largest self storage property fund - today posted excellent annual results ahead of pre-listing forecasts, marking its third reporting period since listing of consecutive growth. 

JSE listed self storage REIT, Stor-Age, the only self storage property group listed on any emerging market exchange worldwide, today announced its intention to acquire the attractive Durban based StorTown portfolio of self storage assets from the DanCor Properties group.

Tuesday, 21 February 2017 12:11

Stor-Age close R500 million acquisition

JSE self storage REIT, Stor-Age, today announced that it had raised R400 million in a significantly oversubscribed book build to fund its milestone acquisition of Storage RSA (“RSA”), one of the country’s largest private self storage operators. 

Tuesday, 22 November 2016 12:20

Stor-Age Property REIT continues to outperform

JSE newcomer Stor-Age Property REIT today announced strong interim results for the six months to September 2016, declaring a dividend of 43.04 cents, outperforming the Prospectus forecast by more than 6%.

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