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Storage King backs payout as internalisation and Australian growth gain traction

9:19am on Friday 13th of November, 2026 AEDT • Real Estate
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Storage King backs payout as internalisation and Australian growth gain traction

9:19am on Friday 13th of November, 2026 AEDT
Key Points
  • FY27 distribution guidance reaffirmed at 4.5 cents per security
  • Group occupancy fell to 88.4%, near the lower end of the 88%-92% comfort range
  • Gearing rose to 36.3% in the first quarter
  • Australian established portfolio RevPAM increased 3.6% year-on-year
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