Stor-Age Self Storage, a property-management group based in Cape Town, South Africa, opened its sixth self-storage facility in the country this week. The 80 million rand property is in the Gardens suburb, at a prime entry point to the Cape Town central business district.
Stor-Age Self Storage is a member of the Stor-Age Group, which also comprises Steel Self Storage Systems, a supplier of roll-up doors and hallway partitions for the South African self-storage industry, and SASSI (SA Self Storage Investments), South Africas largest self-storage investment trust.
Stor-Age completed its first self-storage facility in Cape Town in late 2007. The company now has more than 255 million rand of property under management, with six new stores coming to the market this year in Bloemfontein, Johannesburg and Pretoria.