Europe

Update 8/18/20 – Shurgard has released interim financial results for the second quarter and first half of 2020. There were no changes from the preliminary report for either period with respect to operating-revenue growth at CER, same-store revenue...

Nesta Storage, which operates four self-storage facilities in Dublin, has experienced a record increase in rentals, which it attributes to circumstances created by the coronavirus pandemic. As office workers were forced to conduct business...

The joint venture between U.K.-based self-storage operator Safestore Holdings PLC and global private-equity firm The Carlyle Group has acquired the six-property Lokabox self-storage portfolio in Belgium. The transaction includes two facilities...

Update 5/1/20 – Shurgard has released the final financial results for the first quarter, which includes some numbers not included in its initial report. All stores’ net operating income (NOI) increased 6.6 percent using CER. NOI margin for the...

Update 2/21/20 – Shurgard has closed on its acquisition of the Flexistockage properties in Central Paris and Villepinte. The company will continue to operate the other two Flexistockage locations it began managing in November...

Barbas Storeandpark GmbH received a 2019 German Business Award from “EU Business News” magazine, recognizing it as the country’s top self-storage provider. The company operates two facilities near Frankfurt, with two more locations expected to...