Stor-Age Property REIT, which operates self-storage in South Africa and the United Kingdom, will sponsor the fifth annual “Old Boys Tens” (OBX) rugby and netball tournament on Nov. 9 and 10 at the Stor-Age Pirates Rugby Club in Johannesburg. The event, which pits organized teams against each other, is expected to draw more than 800 athletes, according to the source.
The tournament also serves as a fundraiser for the nonprofit Education Endowment Fund, which is designed to improve educational opportunities in disadvantaged communities. The event’s goal is to raise more than R700,000, the source reported.
“OBX 2018 is going to be even bigger than last year, with a record number of teams signing up to battle it out on the field and on the court,” said Chris Oosthuizen, spokesperson for Stor-Age. “The event offers a wonderful opportunity for local communities to come together, to celebrate through sport and to raise money for a worthy cause at the same time. It’s not only about the sports teams, as the event is well-attended by families and friends of those competing to join in the festivities through various activities. It’s a great atmosphere, and we are proud to be involved as a sponsor.”
“Stor-Age are more than just sponsors; they are friends, supporters and, most importantly, believers in OBX and its ideals,” added Marcel Malherbe, the tournament director. “It’s very hard to find a sponsor that matches your organizational ethos, and the Stor-Age/OBX relationship represents what can be done if corporate South Africa engages in nation-building.”
The “tens” in the event name refers to the number of players on each team. Netball is an international sport similar to basketball that restricts the player who holds the ball from moving his feet until he’s passed it to another player.
Next year, organizers plan to introduce a women’s rugby division.
Headquartered in Cape Town, Stor-Age was established in 2005 by Stor-Age Property Holdings Pty. Ltd. to acquire, develop and manage self-storage assets. Today, Stor-Age operates a 64-property portfolio, primarily in four South African metropolitan areas, that comprise approximately 413,000 square meters. It also has 10 projects under development. The company was listed on the Johannesburg Stock Exchange in November 2015. It acquired the U.K. Storage King portfolio in 2017.