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.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 13.28 |
| Day’s High Price | 13.70 |
| Traded Volume | 452,048 |
| Number of Deals | 414 |
| Gross Turnover | 6.08M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.1211 |
| Price/Earning Ratio | 12.01 |
| Dividend Per Share | 1.06 |
| Dividend Yield | 7.88% |
| Shares Outstanding | 433M |
| Market Capitalization | 5.83B |
SSS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2.46% | -0.96% | -0.88% |
| 6MO | 1YR | YTD |
|---|---|---|
| +1.2% | +6.24% | -0.66% |
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.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-07-30 | 452,048 | 13.46 | -0.24 | -1.75% |
| 2021-07-29 | 664,180 | 13.70 | -0.07 | -0.51% |
| 2021-07-28 | 555,177 | 13.77 | +0.22 | +1.62% |
| 2021-07-27 | 109,969 | 13.55 | -0.12 | -0.88% |
| 2021-07-26 | 200,740 | 13.67 | -0.13 | -0.94% |
| 2021-07-23 | 232,182 | 13.80 | +0.15 | +1.10% |
| 2021-07-22 | 1,347,146 | 13.65 | +0.06 | +0.44% |
| 2021-07-21 | 660,751 | 13.59 | +0.16 | +1.19% |
| 2021-07-20 | 1,255,890 | 13.43 | -0.07 | -0.52% |
| 2021-07-19 | 732,935 | 13.50 |
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 | |
| Email: investorrelations@stor-age.co.za | Website: www.stor-age.co.za |
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 |
|---|---|---|---|---|
| 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% |
| HMN | Hammerson plc | 31.7B | 7.54 | +45% |
| 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% |
| ATT | Attacq Limited | 5B | 6.65 | +33.8% |
| REB | Rebosis Property Fund Ltd | 221M | 0.29 | +31.8% |