{"id":1694,"date":"2023-06-14T09:39:32","date_gmt":"2023-06-14T09:39:32","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=1694"},"modified":"2023-06-14T09:39:32","modified_gmt":"2023-06-14T09:39:32","slug":"shurgard-self-storage-s-a-opens-new-building-in-amsterdam-region-diemen-the-netherlands","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/shurgard-self-storage-s-a-opens-new-building-in-amsterdam-region-diemen-the-netherlands\/","title":{"rendered":"Shurgard Self Storage S A: Opens New Building in Amsterdam Region (Diemen, the Netherlands)"},"content":{"rendered":"


\nShurgard, the largest developer, owner and operator of self storage facilities in Europe is pleased to announce the opening of a new self storage building located in Amsterdam Diemen (Randstad), reinforcing its position as market leader in the Netherlands.<\/span><\/span><\/span><\/p>\n

This brand-new c. 4,500 sqm building is offering approximately 570 dry, clean and secure self storage units. The new facility will serve as the secondary building of an existing self storage property in the region (Diemen Treubweg). The combined size of the two buildings will comprise approximately 1,200 units and meet the growing demand for secure and accessible storage options in the area.<\/span><\/span><\/span><\/p>\n

Direct project cost for the new leasehold building (excl. absorption cost) amounts to \u20ac3.1 million and the expected property yield at maturity is expected to be around 16%.<\/span><\/span><\/span><\/p>\n

Shurgard currently offers self-storage solutions in 65 properties in the Netherlands and holds the largest market share in that market.<\/span><\/span><\/span><\/p>\n

Shurgard has another four properties in its organic development pipeline in that market, (totalling an additional c. 19,200 sqm or 6% of its current lettable area):<\/span><\/span><\/span><\/p>\n