Stor-Age has opened a new store in the residential area of Bryanston. The company’s trading portfolio has increased to over fifty stores in South Africa.
The new 6 100 square meter store takes the group’s Gauteng Gross Lettable Area to over 126 500 square meters.
The new facility is situated on the corner of Main and Vlok Roads offering 610 units of various 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.
In addition to the Bryanston property, there are numerous other developments in the group’s pipeline which 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.