Boom times for the storage industry
Demand has been increased dramatically by the huge growth in online retail
Source: timeslive.co.za
Stay updated with breaking news from Stor Age. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Demand has been increased dramatically by the huge growth in online retail
Stor-Age, SA's biggest self-storage property fund, says customer churn levels remain below pre-pandemic levels, while average rent climbed by 7.3% in South Africa, and more than 8% in the UK over the past year.
Sasol, Naspers and Capitec are some of the big names that have been selected by fund managers as their preferred stock picks for 2022.
Given the uncertain macroeconomic environment we find ourselves in, Chris Logan decided to go with two low-risk South African businesses.