Stor-Age continues Gauteng expansion with opening of Bryanston store

Posted On Tuesday, 28 August 2018 15:43 Published by
Rate this item
(1 Vote)

JSE-listed self storage company Stor-Age opened a new store in the affluent residential area of Bryanston this week. The company’s trading portfolio has increased to over 50 stores in South Africa.

 STOR-AGE

The addition of the 6 100m² store takes Stor-Age’s Gauteng GLA to over 126 500m², stamping the company’s dominance in the region.

The new facility, strategically situated on the corner of Main and Vlok Roads, close to Grosvenor Crossing and Nicolway Shopping Centre, has an extensive offering with 610 units of varying sizes.

Stor-Age’s goal to grow their services in key suburbs that host established retail, residential and business spaces is being accomplished with the development of the Bryanston facility, which expands the company’s portfolio in Gauteng to more than 20 stores, said Gavin Lucas, CEO of Stor-Age.

“The opening of the Bryanston Stor-Age store reflects the growth trajectory of our service. We aim to meet the needs of the SME, household, business and student sectors, and this development demonstrates the success of this growth and reflects the necessity for the self storage industry,” Lucas said. “We are extremely positive about the Bryanston development as it extends our valuable service to new communities in Bryanston and neighbouring Riverclub, Morningside and the broader Sandton area,” said Lucas.

Worldwide, the self storage industry is on an upward growth curve and Stor-Age is leading the South African charge with top quality facilities - modern and functional aesthetics, easy access parking, 24-hour security, access controlled entry and individually alarmed and insured units.

In addition to the development of the multi-storey, self storage property in Bryanston, there are numerous other developments in the pipeline that will continue to grow Stor-Age’s presence country-wide.

Stor-Age now trades from and manages a portfolio of 63 properties across South Africa and the United Kingdom.

The share closed yesterday at R12.09.

Last modified on Thursday, 30 August 2018 09:12
" "

Most Popular

Equites Property Fund to list on A2X

Jun 25, 2019
ANDREA TARVENA
Equites Property Fund Limited has been approved for a secondary listing on A2X Markets…

McCormick Property Development Celebrates the Opening of Katale Square

Jun 29, 2019
 JASON MCCORMICK
McCormick Property Development celebrated the launch of its 66th development with the…

New standard bank deal will make it easier for self-employed professionals to qualify for the mortgage bonds

Jul 03, 2019
 STANDARD BANK
Ever since the tightening of credit rulings in the South African economy which followed…

Hyprop reduces exposure to Africa and provides pre-close update

Jun 29, 2019
MORNE WILKEN
JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy…

Twin City to develop new R230m mall in Vryburg, North West

Jul 10, 2019
 TWIN CITY
The North West agricultural town of Vryburg is set to get its first enclosed shopping…

Please publish modules in offcanvas position.