Author: Shinil

Go-ahead For Self-Storage Business At Old Cheltenham Lidl

The ground floor vacant supermarket in Grosvenor Terrace will have 173 individual storage lockers. Controversial plans to convert a former Lidl supermarket into a self-storage site in Cheltenham have been approved. Away Cheltenham Ltd has been granted permission to change the use of the ground floor vacant supermarket in Grosvenor Terrace and install 173 individual storage lockers there. They say these facilities are aimed at serving city centre residents and local businesses who need additional stock room space or furniture and IT storage. The initial plans included installing a 40ft…

Stor-Age Outshines Other JSE Property Competitors, Continues To Experience Strong Growth

STOR-AGE, South Africa’s largest self storage property fund, lifted its interim dividend 8.85 percent to 56.60 cents per share after it continued to outperform other listed property companies on the JSE in the six months to September 31, 2021. The results were driven by strong demand, growth in occupancy and rental rates, and disciplined cost control at a property level, said chief executive Gavin Lucas. He said even though the business model was tested over the past 18 months, “we made progress in all areas of our strategy: organic growth,…

Self Storage Group ASA – Acquisition Of New Property In Sarpsborg, Norway

Self Storage Group ASA has entered into an agreement to acquire a land property in Kampenesmosen in Sarpsborg, Norway. The transaction has a value of NOK 4.6 million. Self Storage Group will develop the plot into a purpose-built self-storage facility with a potential lettable area of 2000 square meters (21,527.82 Sq. ft.). The facility is projected to open in 2023, and will be operated under the City Self Storage brand. “The property is located in Sarpsborg in Viken county. The Sarpsborg/Fredrikstad region is the 5th largest metropolitan area in Norway.…

Open For Business: Edinburgh’s Largest Outdoor Container Storage Facility Plans To Double In Size

Sterling Sinclair Removals (SSR) has opened Edinburgh Self Store, the city’s largest outdoor container storage facility. Covering a 1.4-acre site close to the city centre, Edinburgh Self Store is located less than a mile from Haymarket – making it handy for people living within and outside the Capital. The facility has 100 units in place at the moment, with plans to more than double this number to 270. Each unit measures 1200 cubic feet, enough to store the equivalent of the contents of a 3-bedroom property. The watertight containers all…