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 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|
|Day’s Low Price||13.90|
|Day’s High Price||13.90|
|Number of Deals||1|
|Growth & Valuation|
|Earnings Per Share||1.2183|
|Dividend Per Share||1.11|
SSS Stock Market Performance
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.
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.
|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%|
|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|