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 128th most valuable stock on the JSE with a market capitalization of ZAR 5.7 billion, which is about 0.031% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 12.02 |
| Day’s High Price | 12.22 |
| Traded Volume | 73,381 |
| Number of Deals | 26 |
| Gross Turnover | 884,896.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.0538 |
| Price/Earning Ratio | 11.40 |
| Dividend Per Share | 1.18 |
| Dividend Yield | 9.83% |
| Shares Outstanding | 475M |
| Market Capitalization | 5.7B |
SSS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.13% | -4.23% | -3.15% |
| 6MO | 1YR | YTD |
|---|---|---|
| -5.21% | -7.12% | -13.1% |
The current share price of Stor-Age Prop REIT Ltd (SSS) is ZAR 12.20. SSS closed its last trading day (Thursday, September 28, 2023) at 12.01 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.8% drop from its previous closing price of 12.23 ZAR. Stor-Age Prop REIT began the year with a share price of 13.82 ZAR but has since lost 13.1% off that price valuation, ranking it 290th on the JSE in terms of year-to-date performance.
Stor-Age Prop REIT is the 87th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 30 - Sep 28, 2023). SSS has traded a total volume of 47.7 million shares—in 9,053 deals—valued at ZAR 590 million over the period, with an average of 757,217 traded shares per session. A volume high of 4.07 million was achieved on August 14th, and a low of 44,035 on September 4th, 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% |
|---|---|---|---|---|
| 2023-09-28 | 216,395 | 12.01 | -0.22 | -1.80% |
| 2023-09-27 | 155,634 | 12.23 | +0.07 | +0.58% |
| 2023-09-26 | 138,246 | 12.16 | -0.44 | -3.49% |
| 2023-09-22 | 195,530 | 12.60 | +0.03 | +0.24% |
| 2023-09-21 | 81,415 | 12.57 | -0.09 | -0.71% |
| 2023-09-20 | 207,778 | 12.66 | -0.09 | -0.71% |
| 2023-09-19 | 778,979 | 12.75 | +0.09 | +0.71% |
| 2023-09-18 | 245,559 | 12.66 | +0.09 | +0.72% |
| 2023-09-15 | 373,880 | 12.57 | -0.04 | -0.32% |
| 2023-09-14 | 1,163,804 | 12.61 |
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 |
|---|---|---|---|---|
| CVW | Castleview Property Fund Limited | 8.32B | 8.50 | +39.3% |
| FFB | Fortress REIT Ltd B | 6.71B | 6.14 | +28.2% |
| SRE | Sirius Real Estate Ltd | 23.3B | 19.77 | +26.7% |
| FFA | Fortress REIT Ltd A | 15.2B | 12.76 | +21.4% |
| L2D | Liberty Two Degrees LTD | 5.08B | 5.59 | +18.9% |
| NRL | Newpark REIT Ltd | 450M | 4.50 | +18.7% |
| SHC | Shaftesbury Capital | 50.8B | 26.00 | +18.2% |
| HET | Heriot REIT Limited | 3.46B | 13.50 | +17.4% |
| ATT | Attacq Limited | 6.37B | 8.47 | +12.9% |
| HMN | Hammerson plc | 27.7B | 5.54 | +11.9% |