SSS - Stor-Age Prop REIT Ltd
Stor-Age, a fully integrated and internally managed real estate investment trust (âREITâ), is the leading and largest self storage property fund and brand in South Africa.
A highly specialised property fund focused on the fast growing self storage sector, a niche sub-sector of the broader commercial property market, Stor-Age develops, acquires and manages high profile self storage properties.
Successfully listing on the JSE in November 2015, Stor-Age services more than 34 700 tenants across its portfolio of 79 properties (71 trading and 8 new properties in the development pipeline). The South African portfolio comprises 50 self storage properties totalling c. 365 400 mÂ² of GLA. In the UK Stor-Age owns Storage King (6th largest UK self storage brand) comprising 21 self storage properties with c. 82 800 mÂ² of GLA.
Stor-Age pioneered the development of high profile Big Box self storage properties in outstanding locations in South Africa. Stor-Ageâs objective is to deliver an attractive income stream from a portfolio of high quality self storage properties with potential for income and capital growth through increasing rentals and occupancy levels, expanding existing properties and acquiring additional self storage properties.
|Last Trading Results|
|Day’s Low Price||13.28|
|Day’s High Price||13.70|
|Number of Deals||414|
|Growth & Valuation|
|Earnings Per Share||1.1211|
|Dividend Per Share||1.06|
SSS Stock Market Performance
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 13.46. SSS closed its last trading day (Friday, July 30, 2021) at 13.46 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.8% drop from its previous closing price of 13.70 ZAR. Stor-Age Prop REIT began the year with a share price of 13.55 ZAR but has since lost 0.66% off that price valuation, ranking it 320th on the JSE in terms of year-to-date performance.
Stor-Age Prop REIT is the 80th most traded stock on the Johannesburg Stock Exchange over the past three months (May 4 - Jul 30, 2021). SSS has traded a total volume of 64.4 million shares—in 18,017 deals—valued at ZAR 890 million over the period, with an average of 1.02 million traded shares per session. A volume high of 4.47 million was achieved on June 23rd, and a low of 85,729 on May 20th, for the same period. The table below details the last 10 trading days of activity of Stor-Age Prop REIT on the Johannesburg Stock Exchange.
Profile of Stor-Age Property REIT Ltd.
Stor-Age Property REIT Ltd. operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
|Factsheet of Stor-Age Property REIT Ltd.|
Real Estate Investment Trust
216 Main Road, Claremont, Cape Town, 7708
SSS Industrial Market Competitors
Stor-Age Property REIT Ltd., issuers of the SSS stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|DIB||Dipula Income Fund B||1.93B||3.65||+135%|
|TEX||Texton Property Fund Limited||1.1B||3.00||+108%|
|VIS||Visual International Holdings||28.1M||0.07||+75%|
|MSP||MAS Real Estate Inc.||12.6B||17.75||+39.2%|
|EMI||Emira Property Fund Ltd||4.82B||9.23||+38.6%|
|AHB||Arrowhead Properties B Shares||3.25B||3.20||+37.9%|
|TWR||Tower Property Fund Ltd||1.25B||3.69||+37.7%|
|REB||Rebosis Property Fund Ltd||221M||0.29||+31.8%|