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Stor-Age Property Reit Limited (South Africa)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Lessors of Miniwarehouses and Self-Storage Units
Full name: Stor-Age Property Reit Limited Profile Updated: November 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is the leading and largest self storage property fund and brand in South Africa. It is a highly specialised property fund focused on the fast growing self storage sector, a niche sub- sector of the broader commercial property market. Since 2005, Stor-Age has assembled a portfolio of 32 properties and continues to evaluate a range of new growth initiatives and opportunities. The Company offers a total solution package for Household, Business and Student self storage - instantly accessible, convenient, flexible and hassle free.
Vision :
To be the best self storage business in the world.
Mission :
To rent space.
History :
2015 : The Company was incorporated on May 25, 2015. The Company s primary function is to act as a holding company in respect of the Group.
2015 : The Company's name was changed from Stor-Age Property Holdings (Pty) Ltd to Stor-Age Property REIT Limited and converted to a public company on August12, 2015.
2015 : The Company was listed on Johannesburg Stock Exchange on November 16, 2015.
2022 : The Company to be traded on the A2X exchange in South Africa (“A2X”) with effect from 27 September 2022.

Headquarters
First Floor, 216 Main Road, Claremont, Po Box 53154, Kenilworth, 7745
Cape Town; Western Cape; Postal Code: 7708

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Website: http://www.stor-age.co.za

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2015
Key Executives
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Chairman
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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Subsidiaries
Roeland Street Investments 2 Proprietary Limited
100%
Roeland Street Investments Proprietary Limited
100%
Sss Jv 1 Proprietary Limited
100%
Company Performance
Financial values in the chart are available after Stor-Age Property Reit Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net sales revenue
14.81%
Total operating revenue
16.88%
Operating profit (EBIT)
16.5%
EBITDA
16.49%
Net Profit (Loss) for the Period
-2.77%
Total assets
8.77%
Total equity
5.61%
Operating Profit Margin (ROS)
1.03%
Net Profit Margin
-11.24%
Return on Equity (ROE)
-0.81%
Debt to Equity Ratio
-0.88%
Quick Ratio
-0.09%
Cash Ratio
-0.08%

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