SA's demand for space continues unabated, says Stor-Age

Stor-Age, SA's biggest self-storage property fund, says demand for space in the country continues unabated, lifting its revenue from the country almost 14% in its half-year to end-September, while it's expecting an even better second half.

The closing rental rate was up 9.3% in SA to end-September, the group said, adding it expects to grow both occupancy and rental rates in SA in the second half of its 2024, which traditionally represents its strongest trading period.