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 m² 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 m² 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 140th most valuable stock on the JSE with a market capitalization of ZAR 6.64 billion, which is about 0.034% of the Johannesburg Stock Exchange equity market.
Last Trading Results | |
---|---|
Opening Price | |
Day’s Low Price | 13.90 |
Day’s High Price | 13.90 |
Traded Volume | 314 |
Number of Deals | 1 |
Gross Turnover | 4,364.00 |
Growth & Valuation | |
---|---|
Earnings Per Share | 1.2183 |
Price/Earning Ratio | 11.49 |
Dividend Per Share | 1.11 |
Dividend Yield | 7.93% |
Shares Outstanding | 475M |
Market Capitalization | 6.64B |
SSS Stock Market Performance
1WK | 4WK | 3MO |
---|---|---|
-0.71% | -6.04% | -5.08% |
6MO | 1YR | YTD |
---|---|---|
-2.91% | +2.56% | -3.78% |
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 13.90. SSS closed its last trading day (Wednesday, May 25, 2022) at 14.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.9% drop from its previous closing price of 14.13 ZAR. Stor-Age Prop REIT began the year with a share price of 14.55 ZAR but has since lost 3.78% off that price valuation, ranking it 207th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SSS has lost 6% of the stock’s value from April 25th to date.
Stor-Age Prop REIT is the 108th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). SSS has traded a total volume of 41.3 million shares—in 13,001 deals—valued at ZAR 593 million over the period, with an average of 655,009 traded shares per session. A volume high of 2.62 million was achieved on March 22nd, and a low of 99,477 on May 12th, 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.
Date | Volume | Close | Change | Change% |
---|---|---|---|---|
2022-05-25 | 358,444 | 14.00 | -0.13 | -0.92% |
2022-05-24 | 129,127 | 14.13 | +0.15 | +1.07% |
2022-05-23 | 602,453 | 13.98 | -0.09 | -0.64% |
2022-05-20 | 341,908 | 14.07 | +0.09 | +0.64% |
2022-05-19 | 696,998 | 13.98 | -0.12 | -0.85% |
2022-05-18 | 151,636 | 14.10 | -0.01 | -0.07% |
2022-05-17 | 448,200 | 14.11 | -0.14 | -0.98% |
2022-05-16 | 427,292 | 14.25 | -0.05 | -0.35% |
2022-05-13 | 348,335 | 14.30 | ||
2022-05-12 | 99,477 | 14.30 |
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.
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 216 Main Road, Claremont, Cape Town, 7708
- Telephone
- 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.
Code | Name | M. Cap. | Close | YTD |
---|---|---|---|---|
APO | aReit Prop Ltd | 749M | 7.49 | +24.8% |
FFB | Fortress REIT Ltd B | 8.8B | 3.85 | +18.5% |
DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
DIA | Dipula Income Fund A | 5.24B | 9.90 | +10.5% |
TDH | Tradehold Ltd | 3.03B | 11.61 | +10.1% |
DIB | Dipula Income Fund B | 2.32B | 4.39 | +9.75% |
IAP | Investec Australia Property Fund | 14B | 20.71 | +7.75% |
VKE | Vukile Property Fund Ltd | 12.5B | 12.80 | +3.48% |
GTC | Globe Trade Centre S.A. | 11.5B | 20.00 | |
EXP | Exemplar REITail Ltd | 3.19B | 9.60 |