Category: Recent Transactions

  Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a land plot at Emblem in Ålesund, Norway. The transaction has a value of NOK 9 million and the land plot has a gross area of 3390 m2. The property is an existing OK Minilager leasehold with additional development potential. OK Minilager currently operate drive-up units on the property with a current lettable area of 700m2. With this acquisition we convert a profitable leasehold with stabilized occupancy into a freehold facility. This investment is…

The purchase gives the partnership a 51% stake in Stokado, though its control is expected to increase up to 75% by growing the brand’s footprint via 50 development projects over the next five years” A joint venture between South Africa-based real estate investment trust (REIT) Redefine Properties and Poland-based private-equity firm Griffin Capital Partners has acquired a majority stake in Stokado Self Storage, which operates 16 facilities in Poland. It’s the partnership’s first investment since announcing in February its intent to enter the Polish self storage market, according to the…

  We are pleased to announce the acquisition of this property in Røyken, 45 minutes south of Oslo. The population in the region is growing, and the supply of self storage in the area is limited. This acquisition is in line with our strategy to grow our freehold portfolio in selected markets. The demand for self storage is growing, and the demand has proven to be resilient during previous recessions. Especially urbanization and smaller living spaces are causing an increasing need for external storage solutions” Self Storage Group ASA (Self…

We’ve built a strong foundation in the UK under the banner of our Storage King brand, which is enabling us to pursue significant growth on all fronts in a nimble manner. Our JV with Nuveen and the acquisition of Easistore demonstrate the strength, competitiveness and sophistication of our platform. The Easistore acquisition represents the third, four-store portfolio that Stor-Age has either acquired or part-acquired in the UK in the last 15 months. The current 35 properties either owned or managed and trading under the Storage King brand are scheduled to…

  The future c. 5,400 sqm self storage property is set to open towards the end of 2024 and will become an extension of another Shurgard facility next door. It will offer approximately 750 self storage units to the nearby residential areas and business customers.” Shurgard Self Storage Ltd (“Shurgard”): Shurgard signs new purchase agreement in Amsterdam area (Randstad, The Netherlands) Shurgard, the largest developer, owner and operator of self storage facilities in Europe has signed a new land purchase agreement in the north of Amsterdam and expects to obtain…