Stor-Age Property REIT is a fully integrated and internally managed Real Estate Investment Trust (REIT), specialising in self-storage properties. The company listed on the JSE in November 2015, becoming the first and - to-date - only self-storage REIT listed on any emerging market exchange. In March 2019 Stor-Age was incorporated in a number of JSE indices, including the All Share, All Property and SA REIT indices. Metope investment analyst Kelly Ward comments further.
Echo Polska Properties (EPP) is a pure Polish property play, with listings on the Luxembourg Stock Exchange and the JSE. The company was listed in SA in September 2016 in the Real Estate Holdings & Development Sector and offers investors exposure to the growth in the Polish economy through a portfolio of mostly retail assets. While EPP follows the Real Estate Investment Trust (REIT) formula and structure, it is not a REIT, and therefore subject to corporate tax. Metope investment analyst Kelly Ward elaborates further.