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Like many young industries, self-storage in South Africa faces obstacles. Fortunately, an increase in demand for the service is still driving growth. Following is market insight from the co-owner of Lock Up Storage in KwaZulu-Natal.
Stor-Age Property REIT, a real estate investment trust that operates self-storage in South Africa and the United Kingdom, has formed a joint-venture partnership with South Africa lender Nedbank Corporate and Investment Bank to develop two...
Stor-Age Property REIT, which operates self-storage facilities primarily in South Africa, launched an online campaign to promote local businesses that have been negatively impacted by the coronavirus pandemic. “Local Business Spotlight” profiles...
Update 8/9/19 – Stor-Age has opened its new facility in Craighall, the company’s 50th location in South Africa. The property at 376A Jan Smuts Ave. contains more than 600 storage units. It’s on a busy arterial leading into the Sandton and Rosebank...
Alternative Storage of Cape Town, South Africa, has introduced an online space calculator to help customers determine the self-storage unit size that will best fit their needs. The company offers units in 21 sizes ranging from 3 to 55.4 square...
Stor-Age Property REIT, which operates self-storage facilities in South Africa and the United Kingdom, grew its quarterly dividend 9.1 percent during the sixth-month period that ended on Sept. 30, to 51.3 cents per share. The growth was the third...