Stor-Age

Stor-Age’s total occupancy +2.8% to 90.4% | UK +4.7% to 86.5% | SA -0.7% to 91.4% | In line with expectations & seasonal trends | Ave. rental rates +8.4% in SA and +1.9% in the UK | New divi payout ratio, now 90 – 95% for FY25, from 100% | Change due to current high cost of capital | SSS says this is in line with UK and European self storage REIT peers
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