Nuveen/TIAA Acquires 93% Stake in Swedish Self-Storage Operator 24Storage
Dec 09, 2021
Update 12/9/21 – TIAA affiliate Nuveen Real Estate has acquired 92.4% of Sweden self-storage operator 24Storage through unconditional share purchase agreements and the Nov. 29 mandatory public offer to buy all outstanding shares. The purchase is...
Heitman Acquires 3-Property All Seasons Self Storage Portfolio in Germany
Dec 03, 2021
Global real estate investment-management firm Heitman LLC has acquired the three-property All Seasons Self Storage portfolio in Germany. The facilities are in Oldenburg, Osnabruck and Porta Westfalica. The purchase is in line with Heitman’s global...
Nuveen Enters European Self-Storage Sector With Purchase of Green Storage Portfolio in Sweden
Nov 22, 2021
Nuveen Real Estate, an American asset manager and subsidiary of financial-planning firm TIAA Investments, has entered the European self-storage sector with the purchase of a majority interest in Green Storage in Greater Stockholm, Sweden. The...
Self-Storage REITs Release Financial Results for Third-Quarter 2021
Nov 05, 2021
The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have released financial statements...
Shurgard Self Storage Receives High GRESB Ratings for Sustainability Performance
Oct 22, 2021
Update 10/22/21 – Shurgard topped last year’s GRESB score and earned a five-star rating in 2021. It received an overall score...
Shurgard Self Storage Unveils Growth Strategies During ‘Investor Day’
Sep 10, 2021
Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., this...
Opportunity Knocks! Self-Storage Startups Balearic Box and SmartBox Find Success in Europe, Even in a Pandemic
Opportunity Knocks! Self-Storage Startups Balearic Box and SmartBox Find Success in Europe, Even in a Pandemic
Sep 03, 2021
It can be nerve-racking to launch any self-storage startup, much less operations in Germany and Spain in the middle of a global...
Shurgard Self Storage Releases Second-Quarter 2021 Earnings Report
Aug 24, 2021
Update 8/24/21 – Shurgard has released financial results for the quarter that ended June 30. In general, the company showed gains in key areas, particularly in operating revenue and net operating income (NOI), according to a press release...
Austria Self-Storage Operator Storebox Raises €52M to Expand Services, European Footprint
Aug 03, 2021
Storebox Holding GmbH, a Vienna-based self-storage, warehousing and logistics startup, has raised €52 million in a Series B investment round to increase its presence and services across Europe. The company intends to expand its last-mile delivery...
Europe/UK Self-Storage Operator Safestore Releases Half-Year Fiscal 2021 Results
Jun 18, 2021
Self-storage operator Safestore Holdings PLC, with locations in Europe and the United Kingdom, has released its interim financial statement for the first half of its 2021 fiscal year, which ended April 30. The company experienced growth in revenue...
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