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 139th most valuable stock on the JSE with a market capitalization of ZAR 6.08 billion, which is about 0.033% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 12.75 |
| Day’s High Price | 13.23 |
| Traded Volume | 567,530 |
| Number of Deals | 536 |
| Gross Turnover | 7.29M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.0935 |
| Price/Earning Ratio | 11.71 |
| Dividend Per Share | 1.12 |
| Dividend Yield | 8.75% |
| Shares Outstanding | 475M |
| Market Capitalization | 6.08B |
SSS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2.74% | -2.51% | -6.77% |
| 6MO | 1YR | YTD |
|---|---|---|
| -13.4% | -7.31% | -12% |
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 12.93. SSS closed its last trading day (Thursday, September 29, 2022) at 12.80 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% gain over its previous closing price of 12.79 ZAR. Stor-Age Prop REIT began the year with a share price of 14.55 ZAR but has since lost 12% off that price valuation, ranking it 226th 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 4 - Sep 29, 2022). SSS has traded a total volume of 25.6 million shares—in 12,390 deals—valued at ZAR 353 million over the period, with an average of 406,044 traded shares per session. A volume high of 1.85 million was achieved on September 15th, and a low of 67,394 on September 21st, 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% |
|---|---|---|---|---|
| 2022-09-29 | 548,291 | 12.80 | +0.01 | +0.08% |
| 2022-09-28 | 458,800 | 12.79 | -0.18 | -1.39% |
| 2022-09-27 | 284,749 | 12.97 | +0.04 | +0.31% |
| 2022-09-26 | 214,233 | 12.93 | -0.08 | -0.61% |
| 2022-09-23 | 186,004 | 13.01 | -0.15 | -1.14% |
| 2022-09-22 | 510,321 | 13.16 | -0.09 | -0.68% |
| 2022-09-21 | 67,394 | 13.25 | -0.34 | -2.50% |
| 2022-09-20 | 713,063 | 13.59 | -0.01 | -0.07% |
| 2022-09-19 | 300,844 | 13.60 | -0.09 | -0.66% |
| 2022-09-16 | 538,028 | 13.69 |
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 |
|---|---|---|---|---|
| RMH | RMB Holdings Ltd | 2.84B | 2.01 | +34% |
| EXP | Exemplar REITail Ltd | 3.99B | 12.00 | +25% |
| FFB | Fortress REIT Ltd B | 9.23B | 4.04 | +24.3% |
| PPR | Putprop Ltd | 203M | 4.78 | +19.5% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| TDH | Tradehold Ltd | 3.02B | 11.57 | +9.67% |
| OCT | OCTODEC INVEST LTD | 2.36B | 8.86 | +8.05% |
| EMI | Emira Property Fund Ltd | 5.33B | 10.20 | +7.37% |
| APO | aReit Prop Ltd | 630M | 6.30 | +5% |
| SAR | Safari Investments RSA Ltd | 1.71B | 5.50 | +4.76% |