Author: Shinil

Shurgard Self Storage S A : Makes Acquisition In Sweden

Shurgard Self Storage SA (“Shurgard”): Shurgard acquires three stores from Instorage in Stockholm region (Sweden) LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage facilities in Europe is pleased to announce the acquisition of three facilities from Instorage in Sweden, strengthening its leading position in rentable space in this market and Europe. Instorage was founded in 2015. The three acquired properties are purpose-built and located in and near the Stockholm urban area: Nacka (recently opened in July 2022), Tyresö, and Uppsala. They will be complementary to Shurgard’s existing…

Magenta Self Storage Expansion Means More Flexible Storage, Office And Workspace For Reading

New facility breathes new life into an ‘old concrete giant’ Over the last couple of years, the self-storage industry has expanded exponentially – in the UK alone there are now more than 2000 facilities. With the average size of a self-storage facility now at 25,000 sq ft, the UK has 52 million sq ft of storage space available. Magenta Self Storage has undergone substantial growth over the last two years, opening a new cutting-edge facility in Acton, West London in 2021 – and is now welcoming its sixth store in…

Shurgard Self Storage S A : Makes Acquisition In Paris Region

Shurgard Self Storage SA (“Shurgard”) – Shurgard acquires one property from Box à la Carte in Paris region (France) LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage facilities in Europe – is pleased to announce the acquisition of the Box à la Carte facility located in Brie-Comte-Robert (Seine et Marne, Ile de France) reinforcing its position as the market leader in the Paris region. This marks the second acquisition in the last two months for Shurgard – after September’s deal in the Netherlands, and the third one…

Choosing Self Storage Management Software: What To Ask

Discover the key questions every operator should ask vendors when choosing self-storage management software, and why. Whether you’re starting out or looking to modernize, choosing the wrong software to run your self-storage business can be an incredibly costly mistake. The difference between the right and wrong decision is the difference between an efficient business set for success and one that is expensive to run, slow to adapt, and likely to struggle. Before making a decision, it is vitally important to understand the difference between modern solutions and older products on…

Shurgard Self Storage S A : Opens New Self Storage Property In Cologne

Shurgard Self Storage SA (“Shurgard”) – Shurgard opens new self-storage property in Cologne (Germany) LUXEMBOURG – Shurgard, the largest developer, owner and operator of self-storage facilities in Europe – is pleased to announce the recent opening of its new self-storage property in Cologne, located in the state of North-Rhine-Westphalia (NRW). This brand-new building is offering c. 5,700 net sqm of storage space in approximately 800 dry, clean and secure self-storage units spread over a ground floor and two upper floors. The facility is located in a well-visible and easily accessible…

Shurgard Self Storage S A : Opens New Self Storage Property In Paris Region Sartrouville

Shurgard Self Storage SA (“Shurgard”) – Shurgard opens new self-storage property in Sartrouville (Paris region) LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage facilities in Europe – is pleased to announce the opening of its new self-storage property in Sartrouville, located in the northwest of Paris. This converted building is offering c. 4,900 net sqm of storage space in approximately 800 dry, clean and secure self-storage units spread over several floors. The facility is located inside the “deux rives” area, a tight meander of the Seine river,…

Shurgard Acquisition In Chadwell Heath

Kemsley LLP is proud to announce Shurgard’s latest site acquisition for a self-storage facility in, Chadwell Heath, East London. The 1-acre site was acquired directly from Emerson Crane Hire, the former owners, and planning was obtained to provide for a six-storey self-storage facility fronting Freshwater Road. Kemsley was instrumental in sourcing this off-market site which takes Shurgard’s existing UK estate to 42 stores. Having successfully completed this purchase, we are keen to acquire more for Shurgard across North East and North West London, whereas Lookout Development Partnership is also fully…

Further Growth Expected In European Self-Storage Sector

UK remains the market leader in terms of stock, however European stock levels have increased by 75% over the past five year. Average rent per square metre in Europe is €290 per sq m per annum, up 7.9% from last year. Commercial customers have increased from 24% in 2019 to 29% in 2022 A new report from the Federation of European Self Storage Associations (FEDESSA) and global real estate advisor, CBRE, has indicated that continued growth is expected in the European self-storage sector, following a record breaking 12 months for…

Self Storage Group ASA – Acquisition Of Property In Kristiansand, Norway

Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a property in Fidjemoen in Kristiansand, Norway. The transaction has a value of NOK 19 million and the property has a potential lettable area of 2300 square meters. The facility is projected to open in Q2 2023 and will be operated under the City Self Storage brand. “We are pleased to announce the acquisition of this property in Fidjemoen, just west of Kristiansand. SSG already has one development project east of Kristiansand. With two City…

New Self-Storage Facility Opens In Swindon

Cubic Storage has set up a Swindon facility in the former home of Handy Garden Machinery near Hobley Drive. It provides a safe space for people and businesses to store their belongings, whether it’s a few bits and pieces or the contents of an entire house, with 24-hour CCTV monitoring on-site. There are unit sizes of nine, 15, 25, 35, 50, 75, 100, 125, 150, 200, and 250 sq ft available. A spokesman said: “You can discover a range of modern storage units to suit all of your needs. Whether…