Fast Growing Self Storage Specialist Scoops Two More Business Awards

Newport-based Self-Storage expert, Storage Giant, has scooped its third and fourth awards of the year, by being named Business of the Year 2020 by the Business Growth Awards South Wales, as well as winning the Economic Contribution Award at the Business Growth Awards in Cardiff this month. The company, which started life as a single unit concern at the onset of the recession, and is now a multi-million turnover business, was given these two most recent accolades at an awards ceremony in Cardiff, having already been awarded Best Commercial &…

Safestore and Carlyle’s Joint Venture Acquires Self Storage Portfolio in The Netherlands

Global investment firm The Carlyle Group (NASDAQ: CG) and Safestore (FTSE 250: SAFE) today announced that their joint venture, established in August 2019, has acquired Opslag XL, a self storage operator with three stores in The Netherlands. The portfolio comprises three high-quality self storage stores, including two freehold locations in The Hague and Hilversum regions and one short leasehold in Amsterdam. The assets total c.7,000 sq metres (75,000 sq ft) of maximum leasable area. The Dutch self storage market offers an attractive opportunity given it is a still highly fragmented…