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 122nd most valuable stock on the JSE with a market capitalization of ZAR 6.46 billion, which is about 0.034% of the Johannesburg Stock Exchange equity market.
Last Trading Results | |
---|---|
Opening Price | |
Day’s Low Price | 13.36 |
Day’s High Price | 13.75 |
Traded Volume | 102,289 |
Number of Deals | 104 |
Gross Turnover | 1.39M |
Growth & Valuation | |
---|---|
Earnings Per Share | 0.8313 |
Price/Earning Ratio | 16.31 |
Dividend Per Share | 1.19 |
Dividend Yield | 8.78% |
Shares Outstanding | 476M |
Market Capitalization | 6.46B |
SSS Stock Market Performance
1WK | 4WK | 3MO |
---|---|---|
-0.59% | -2.66% | +3.83% |
6MO | 1YR | YTD |
---|---|---|
+12.9% | +8.74% | +3.83% |
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 13.56. SSS closed its last trading day (Thursday, March 28, 2024) at 13.56 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% gain over its previous closing price of 13.54 ZAR. Stor-Age Prop REIT began the year with a share price of 13.06 ZAR and has since gained 3.83% on that price valuation, ranking it 111th on the JSE in terms of year-to-date performance.
Stor-Age Prop REIT is the 72nd most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 29, 2023 - Mar 28, 2024). SSS has traded a total volume of 53.2 million shares—in 16,852 deals—valued at ZAR 739 million over the period, with an average of 844,007 traded shares per session. A volume high of 8.36 million was achieved on March 1st, and a low of 44,801 on January 2nd, 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% |
---|---|---|---|---|
2024-03-28 | 102,289 | 13.56 | +0.02 | +0.15% |
2024-03-27 | 452,593 | 13.54 | +0.12 | +0.89% |
2024-03-26 | 1,095,046 | 13.42 | -0.14 | -1.03% |
2024-03-25 | 1,834,763 | 13.56 | +0.03 | +0.22% |
2024-03-22 | 782,533 | 13.53 | -0.11 | -0.81% |
2024-03-20 | 340,422 | 13.64 | -0.43 | -3.06% |
2024-03-19 | 712,682 | 14.07 | ||
2024-03-18 | 421,587 | 14.07 | +0.17 | +1.22% |
2024-03-15 | 1,261,236 | 13.90 | -0.29 | -2.04% |
2024-03-14 | 468,989 | 14.19 |
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 |
---|---|---|---|---|
FFB | Fortress REIT Ltd | 18.3B | 15.68 | +121% |
GTC | Globe Trade Centre S.A. | 23B | 40.00 | +100% |
ATT | Attacq Limited | 7.99B | 10.67 | +15.7% |
LTE | Lighthouse Capital Ltd | 14.7B | 8.04 | +9.39% |
VKE | Vukile Property Fund Ltd | 16.8B | 15.18 | +7.51% |
FTB | Fairvest Ltd B Shares | 5.5B | 3.68 | +6.98% |
SHC | Shaftesbury Capital | 67.9B | 34.76 | +6.95% |
NRL | Newpark REIT Ltd | 480M | 4.80 | +6.67% |
SAC | SA Corp Real Estate Ltd | 6.21B | 2.47 | +6.47% |
SRE | Sirius Real Estate Ltd | 31.4B | 23.27 | +5.06% |