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||13.70|
|Day’s High Price||14.05|
|Number of Deals||385|
|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 13.89. SSS closed its last trading day (Thursday, October 21, 2021) at 13.89 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.5% gain over its previous closing price of 13.82 ZAR. Stor-Age Prop REIT began the year with a share price of 13.55 ZAR and has since gained 2.51% on that price valuation, ranking it 303rd on the JSE in terms of year-to-date performance.
Stor-Age Prop REIT is the 117th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). SSS has traded a total volume of 35.4 million shares—in 13,174 deals—valued at ZAR 487 million over the period, with an average of 561,462 traded shares per session. A volume high of 3.1 million was achieved on September 28th, and a low of 78,617 on October 8th, 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||2.07B||3.91||+152%|
|TEX||Texton Property Fund Limited||1.16B||3.17||+120%|
|APF||Accelerate Property Fund Limited||1.29B||1.29||+105%|
|VIS||Visual International Holdings||32.1M||0.08||+100%|
|AHB||Arrowhead Properties B Shares||4.13B||4.07||+75.4%|
|VKE||Vukile Property Fund Ltd||11.5B||11.99||+49.9%|
|EMI||Emira Property Fund Ltd||5.17B||9.90||+48.7%|
|AHA||Arrowhead Properties A Shares||14.2B||14.00||+46%|
|SRE||Sirius Real Estate Ltd||28.8B||27.05||+40.2%|
|MSP||MAS Real Estate Inc.||12.6B||17.63||+38.3%|