Stor-Age ups dividend and flags further growth amid pandemic boost
The storage specialist has benefited as Covid-19 shakes up business models, including home improvements, and boosts e-commerce
09 June 2021 - 09:37
Stor-Age Property Reit, the only listed personal storage provider in SA, says it has continued to benefit from a pandemic-induced shake-up of companies’ business models, increasing its 2021 final dividend while also flagging further growth in its distributions.
Personal storage is gaining in popularity as a specialised property asset class globally amid a boost for online shopping, while the pandemic has also led to more people working from home, while businesses have rethought office space...
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