{"id":1423,"date":"2022-11-21T14:17:42","date_gmt":"2022-11-21T14:17:42","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=1423"},"modified":"2022-11-21T14:17:42","modified_gmt":"2022-11-21T14:17:42","slug":"shurgard-self-storage-s-a-makes-acquisition-in-paris-region","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/shurgard-self-storage-s-a-makes-acquisition-in-paris-region\/","title":{"rendered":"Shurgard Self Storage S A : Makes Acquisition In Paris Region"},"content":{"rendered":"


\nShurgard Self Storage SA (“Shurgard”) – Shurgard acquires one property from Box \u00e0 la Carte in Paris region (France)<\/span><\/p>\n

LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage facilities in Europe – is pleased to announce the acquisition of the Box \u00e0 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.<\/span><\/p>\n

This marks the second acquisition in the last two months for Shurgard – after September’s deal in the Netherlands, and the third one in 2022 after the completion of its acquisition in Central London.<\/span><\/p>\n

The purchase price for the acquisition is EUR 9.2 million for c. 6,000 Sqm or 800 units.<\/span><\/p>\n

Actual occupancy for the property is 60 % and the stabilized yield is expected to be around 8 %.<\/span><\/p>\n

Shurgard currently has 65 self-storage facilities in France, totaling more than 300,000 of net rentable space, amongst which 45 are located in the Paris area – by far the largest number in the region.<\/span><\/p>\n

Marc Oursin, Chief Executive Officer of Shurgard Self-Storage, commented:<\/span><\/p>\n

“First, I want to thank all parties involved in the transaction. We also look forward to welcoming new customers to our industry-leading platform. This acquisition further demonstrates our commitment to invest and grow our business through development but also bolt-on acquisitions.”<\/span><\/p>\n

The Paris region has always been a significant part of Shurgard’s business and the Company recently opened a new property in the area (Sartrouville).<\/span><\/p>\n

Shurgard expects to open another property in the southwest of Paris by year-end.<\/span><\/p>\n

About Shurgard<\/span><\/p>\n

Shurgard is the largest provider of self-storage in Europe. The company owns and\/or operates 263 self-storage facilities and approximately 1.3 million net rentable square meters in seven countries: France, the Netherlands, the United Kingdom, Sweden, Germany, Belgium and Denmark.<\/span><\/p>\n

Shurgard is a GRESB 5-star and Sector Leader, has a ‘AA’ ESG rating from MSCI, Sustainalytics Low risk, EPRA sBPR Gold medal.<\/span><\/p>\n

Shurgard’s European network currently serves 180,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol “SHUR”.<\/span><\/p>\n

Source<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shurgard Self Storage SA (“Shurgard”) – Shurgard acquires one property from Box \u00e0 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 \u00e0 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…<\/p>\n","protected":false},"author":13,"featured_media":1425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,4],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1423"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=1423"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1423\/revisions"}],"predecessor-version":[{"id":1426,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1423\/revisions\/1426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/1425"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=1423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=1423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=1423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}