{"id":2135,"date":"2024-04-16T09:04:06","date_gmt":"2024-04-16T09:04:06","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=2135"},"modified":"2024-07-04T10:56:27","modified_gmt":"2024-07-04T10:56:27","slug":"shurgard-self-storage-s-a-opens-new-self-storage-facility-in-tottenham-north-london","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/shurgard-self-storage-s-a-opens-new-self-storage-facility-in-tottenham-north-london\/","title":{"rendered":"Shurgard Self Storage S A Opens New Self Storage Facility in Tottenham, North London"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/static.shurgard.com\/-\/media\/shurgard\/corporate\/united-kingdom\/stores\/shurgard-self-storage-tottenham.jpg?h=509&amp;w=904&amp;la=en-GB&amp;hash=86721C5D09B0C718F278B6364BE5EA90\" alt=\"Self storage Tottenham - London | \u00a31 first month's rent\" width=\"554\" height=\"312\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Shurgard \u2013 the largest developer, owner and operator of self-storage facilities in Europe \u2013 is pleased to announce the opening of its new self-storage building located in Tottenham (North London).<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">This new freehold facility opened its doors on April 15, 2024.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Key Highlights<\/span><\/span><\/b><\/span><\/p>\n<ul>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Strategically located<\/b><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">: Shurgard Tottenham is highly prominent on a main road with excellent access. The facility is ideally situated within the North London estate, making it a perfect fit for Shurgard&#8217;s expansion strategy across the London region.<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Proximity to major development<\/b><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">: Located just 500 meters from the Meridian Water regeneration area, which is set to provide 10,000 new homes, the new facility is positioned to meet the rising demand in an expanding community.<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Optimal capacity and features<\/b><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">: This brand-new c. 8,200 sqm building offers approximately 1,300 dry, clean and secure self-storage units spread over the ground floor and six upper floors. The facility&#8217;s location, coupled with the high population density within a 10-minute radius, underpins its significant potential for both consumer convenience and business success.<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Innovative services<\/b><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">: As with other Shurgard properties across Europe, the Tottenham facility is equipped with Shurgard&#8217;s leading e-Rental solution, facilitating online rentals and contactless transactions.<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Financial Insight<\/b><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">: Direct project cost (excl. absorption cost) is estimated to amount to GBP 18.5 million and the expected property yield at maturity is expected to be c. 9%.<\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Shurgard continues to strengthen its presence in the London market, now boasting 44 properties with more than 220,000 net rentable square meters in the region. The company has an additional three properties in its organic development pipeline for the UK (London), all slated to open in 2026:<\/span><\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">One property | South-West London (c. 7,400 net sqm) set to open in 2026<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">One property | South-East London (c. 6,400 net sqm) set to open in 2026<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">One property | South-West London (c. 6,600 net sqm) set to open in 2026<\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">About Shurgard<\/span><\/span><\/b><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Shurgard is the largest provider of self-storage in Europe. The company owns and\/or operates 281 self-storage facilities and approximately 1.4 million net rentable square meters in seven countries: France, the Netherlands, the United Kingdom, Sweden, Germany, Belgium and Denmark.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Shurgard is a GRESB 5-star and Sector Leader, has an &#8216;AA&#8217; ESG rating from MSCI, is rated Low risk by Sustainalytics and has a EPRA sBPR Gold medal. Shurgard is part of the BEL ESG index.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Shurgard&#8217;s European network currently serves c. 190,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol &#8220;SHUR&#8221;.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>For more information<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/www.shurgard.com\/corporate\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">www.shurgard.com\/corporate<\/span><\/span><\/a><\/strong><\/span><br \/>\n<\/span><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/www.shurgard.com\/en-gb\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">www.shurgard.com\/en-gb<\/span><\/span><\/a><\/strong><\/span><br \/>\n<\/span><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/www.shurgard.com\/en-gb\/blog\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">www.shurgard.com\/en-gb\/blog<\/span><\/span><\/a><\/strong><\/span><br \/>\n<\/span><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: medium;\"><a href=\"http:\/\/www.facebook.com\/shurgardselfstorage\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">www.facebook.com\/shurgardselfstorage<\/span><\/span><\/a><\/span><\/strong><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>Contact<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage Ltd<br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Email: <a href=\"mailto:investor.relations@shurgard.co.uk\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>investor.relations@shurgard.co.uk<\/strong><\/span><\/a><br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">M: + 44 75 96 87 57 13<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Isabel Neumann, Chief Investment Officer, Shurgard Self Storage Ltd<br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Email: <a href=\"mailto:isabel.neumann@shurgard.eu\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>isabel.neumann@shurgard.eu<\/strong><\/span><\/a><br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">M: +32 2 229 56 69<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.marketscreener.com\/quote\/stock\/SHURGARD-SELF-STORAGE-LTD-46600355\/news\/Shurgard-Self-Storage-S-A-opens-new-self-storage-facility-in-Tottenham-North-London-46449056\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Source<\/span><\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shurgard \u2013 the largest developer, owner and operator of self-storage facilities in Europe \u2013 is pleased to announce the opening of its new self-storage building located in Tottenham (North London). This new freehold facility opened its doors on April 15, 2024. Key Highlights Strategically located: Shurgard Tottenham is highly prominent on a main road with excellent access. The facility is ideally situated within the North London estate, making it a perfect fit for Shurgard&#8217;s expansion strategy across the London region. Proximity to major development: Located just 500 meters from the&hellip;<\/p>\n","protected":false},"author":13,"featured_media":2136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2135"}],"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=2135"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2135\/revisions"}],"predecessor-version":[{"id":2137,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2135\/revisions\/2137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/2136"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=2135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=2135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=2135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}