Investec advises Stor-Age on successful capital raise of R575 million, the JSE’s first major capital raise in 2022<\/strong><\/p>\n\n\n\n Investec Bank is proud to have assisted Stor-Age Property REIT Limited in successfully raising R575 million through an accelerated bookbuild, which, following strong demand, was several times oversubscribed at a 0.92% discount to the reference price. Investec’s continued connectivity and high contact points in the listed property sector contributed to yet another successful capital raising.<\/p>\n\n\n\n Stor-Age is a pioneer in the South African real estate and self-storage market. Stor-Age has consistently outperformed the listed property index and SA REITs since listing in 2015, with an outperformance of c.192%. The capital increase will be used to fund portfolio-enhancing acquisitions and expansion opportunities in South Africa and the United Kingdom.<\/p>\n","protected":false},"excerpt":{"rendered":" Over the deal Investec advises Stor-Age on successful capital raise of R575 million, the JSE’s first major capital raise in…<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[16734,16731],"sector":[27],"dealtype":[36],"clienttype":[34],"class_list":["post-42661","deals","type-deals","status-publish","hentry","dt-capital-increase-2","dt-consumer-2","sector-consumer","dealtype-equity-growth-capital","clienttype-founders-entrepreneurs"],"acf":[],"yoast_head":"\nOver Stor-Age<\/h2>\n\n\n\n