SA Self Storage Investments ('SASSI') introduced a new investment asset class to South Africa in 2005: the buy to let self storage unit. SASSI affords investors the opportunity to invest in this new real estate investment asset class.

SASSI’s investment strategy is built on that of traditional hotel development models, in that it seeks to retain a significant interest in all new developments. All new self storage facility developments are managed by Stor-Age Self Storage (Pty) Ltd ('Stor-Age'). This means that the interests of all stakeholders - investors, SASSI and Stor-Age - are strategically aligned.

Investors have the opportunity to acquire self storage units and

• Place the self storage unit/s into a rental pool to be managed by Stor-Age or
• Utilise the self storage unit/s themselves or
• Rent the self storage units/s out to the public directly

SASSI's first self storage development, Stor-Age (Edgemead), situated in Cape town’s northern suburbs, sold out within weeks and since the launch investors are seeing total returns in excess of 25% per annum and rental yields in excess of 15%. In addition, some of SASSI's investment partners are successfully trading out their investments to second tier investors.

The recently opened Stor-Age (City Vault), situated just outside Cape Town’s CBD and on a major arterial route, sold out in weeks and opened to customers in April 2008. To date the lease-up is on track and the store is performing robustly.

SASSI is currently developing the new Stor-Age (West Rand) in a superb location with direct exposure to the N14. This investment opportunity is currently retailing at cash yields of 13%+.