15 Jul - 2 min read

Impact of Social Unrest on Stor-Age Waterfall

Impact of Social Unrest on Stor-Age Waterfall

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN: ZAE000208963
Approved as a REIT by the JSE
(“Stor-Age”, “the group” or the “Company”)


Shareholders will be aware of the ongoing violence and looting currently affecting large parts of South Africa,
particularly KwaZulu-Natal and Gauteng.

Stor-Age Waterfall (127 Brackenhill Road and 1 Nguni Way) located in Hillcrest, KwaZulu-Natal, has been
extensively looted and then certain parts of the property set on fire. All fires have now been extinguished. As
the situation remains volatile within the greater area, the full extent of the damage has not yet been fully

Stor-Age has appropriate levels of SASRIA cover in place from both a capital and income perspective.

Thus far, no other Stor-Age properties have been damaged by the unrest and significant measures have been
taken to further safeguard the entire portfolio throughout South Africa.

Stor-Age will continue to update the market as matters develop further.

Cape Town
15 July 2021

Investec Bank Limited

Date: 15-07-2021 04:31:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Stor-Age Property REIT (JSE:SSS) when you join Listcorp.