When we see one of our long-time tjommies cracking it big time and making history we’re always going to be a little excited – can you really blame us?

The good people of Stor-Age have been friends of the ‘Vibe for years now, which is why when they were officially listed on the Johannesburg Stock Exchange (JSE) yesterday we thought they deserved a mention. They are, after all, the first company in that sector to list on the bourse (not a typo, that’s an actual trading term y’all).

It seems things went well on day one with Moneyweb reporting:

Grindrod Asset Management chief investment officer Ian Anderson says Stor-Age was priced at the very top-end of even the most optimistic valuation ranges…

Stor-Age provides self-storage facilities – 80% to individuals and the balance to small businesses. The company brings 23 properties worth R1.3 billion to the market. It has more than 11 000 tenants who rent out storage units, with a property portfolio that has an 84% occupancy rate and an average rental rate of R73 per square metre on its average property size of 7 700 square metres.

Now that all sounds really technical so let’s just put things in simple English: Stor-Age has the space you need and they’re offering a special R1 for the first month deal – no strings attached! You can take your stuff out after one month but we’re pretty sure you’ll be a fan of the services they offer so check out that deal HERE.

Congrats from 2OV headquarters and here’s to many more years of continued success.

[source:moneyweb]