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.
Stor-Age Prop REIT Ltd is listed on the Johannesburg Stock Exchange (JSE). Stor-Age Prop REIT is traded on the JSE under the ticker symbol “SSS”. The International Securities Identification Number (ISIN) of JSE:SSS is ZAE000208963. Stor-Age Prop REIT Ltd is currently the 128th most valuable stock on the JSE with a market capitalization of ZAR 5.7 billion, which is about 0.031% of the Johannesburg Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||12.02|
|Day’s High Price||12.22|
|Number of Deals||26|
|Growth & Valuation|
|Earnings Per Share||1.0538|
|Dividend Per Share||1.18|
SSS Stock Market Performance
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 12.20. SSS closed its last trading day (Thursday, September 28, 2023) at 12.01 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.8% drop from its previous closing price of 12.23 ZAR. Stor-Age Prop REIT began the year with a share price of 13.82 ZAR but has since lost 13.1% off that price valuation, ranking it 290th on the JSE in terms of year-to-date performance.
Stor-Age Prop REIT is the 87th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 30 - Sep 28, 2023). SSS has traded a total volume of 47.7 million shares—in 9,053 deals—valued at ZAR 590 million over the period, with an average of 757,217 traded shares per session. A volume high of 4.07 million was achieved on August 14th, and a low of 44,035 on September 4th, 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
- Real Estate Investment Trust
- 216 Main Road, Claremont, Cape Town, 7708
- 021 671-3233
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.
|CVW||Castleview Property Fund Limited||8.32B||8.50||+39.3%|
|FFB||Fortress REIT Ltd B||6.71B||6.14||+28.2%|
|SRE||Sirius Real Estate Ltd||23.3B||19.77||+26.7%|
|FFA||Fortress REIT Ltd A||15.2B||12.76||+21.4%|
|L2D||Liberty Two Degrees LTD||5.08B||5.59||+18.9%|
|NRL||Newpark REIT Ltd||450M||4.50||+18.7%|
|HET||Heriot REIT Limited||3.46B||13.50||+17.4%|