[NEW EPISODE] Gavin Lucas, CEO of stor_age gives some insight on behind the self-storage property boom and speaks on spiking inflation and interestrates on PropertyPod with SurenNaidoo. Download the episode in the link below. Moneyweb Property
The self-storage property market is thriving, both locally and globally. What’s behind the boom? What about spiking inflation and interest rates? Will these fuel more South Africans downscaling and thus requiring more self-storage space? On this episode of The Property Pod we are joined by Gavin Lucas, CEO of Stor-Age to give us some insight. He has been head honcho of the only JSE-listed pure-play self-storage property fund since its listing in 2015.
” “Stor-Age is one of only 11 publicly traded self-storage Reits [real estate investment trusts] globally. We were the first – and we still are – the only self-storage real estate investment trust which is listed across any of the emerging markets globally.” Read: Stor-Age debuts on JSE “In that period, we’ve grown the property portfolio from 24 properties to 85 properties today, with a further 15 properties in the pipeline.
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