Stor-Age’s UK tilt is no lack-of-faith showing in SA, it says. Its share price? Now that’s another matter. GTalevi spoke to the CEO.
The JSE’s only self-storage real estate investment trust , Stor-Age, has inked a deal to buy four properties in the Leeds area of the UK for £37.5m. It’s using R550m raised from a JSE bookbuild to complete the purchase.
The FM spoke to CEO Gavin Lucas about the group’s latest foray.PremiumA subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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