{"id":950,"date":"2022-03-04T09:14:40","date_gmt":"2022-03-04T09:14:40","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=950"},"modified":"2022-03-04T09:16:21","modified_gmt":"2022-03-04T09:16:21","slug":"self-storage-group-asa-acquisition-of-new-property-in-skien-norway","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/self-storage-group-asa-acquisition-of-new-property-in-skien-norway\/","title":{"rendered":"Self Storage Group ASA &#8211; Acquisition of New Property in Skien, Norway"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\">Self Storage Group ASA (Self Storage Group, OSE: SSG) has entered into an agreement to acquire a land property in Skien, Norway. The transaction has a value of NOK 8.5 million. SSG has also signed an agreement with Seltor AS, which will construct a purpose-built self-storage facility on the land plot. The contract with Seltor AS has a value of NOK 29.6 million. The property has a potential lettable area of 3100 square meters.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\">The facility is projected to open in Q2 2023 and will be operated under the city Self Storage brand.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\">&#8220;We are pleased to announce this acquisition and development at R\u00f8dmyr in Skien. With the investment in this greenfield project, we will bring the City Self-Storage brand to Grenland, Norway\u00b4s 7<sup>th<\/sup> largest metropolitan area. This acquisition is in line with our strategy to grow our freehold portfolio in selected markets. There is a growing demand for our services, as urbanization and smaller living spaces cause an increasing need for external storage solutions says Fabian S\u00f8bak&#8221;, Chief Executive Officer of Self Storage Group.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\">Self Storage Group ASA engages in the business of renting out self-storage units to both private individuals and businesses through the two concepts; OK Minilager and City Self Storage. The company is one of the leading self-storage providers in Scandinavia with a particularly strong position in the Norwegian market. Self Storage Group operates 128 facilities across Scandinavia with a current lettable area of 171,800 square meters as of Q4 2021.<\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.marketscreener.com\/quote\/stock\/SELF-STORAGE-GROUP-ASA-40618811\/news\/Self-Storage-Group-ASA-Acquisition-of-new-property-in-Skien-Norway-39570268\/\"><strong>Source<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Self Storage Group ASA (Self Storage Group, OSE: SSG) has entered into an agreement to acquire a land property in Skien, Norway. The transaction has a value of NOK 8.5 million. SSG has also signed an agreement with Seltor AS, which will construct a purpose-built self-storage facility on the land plot. The contract with Seltor AS has a value of NOK 29.6 million. The property has a potential lettable area of 3100 square meters. The facility is projected to open in Q2 2023 and will be operated under the city&hellip;<\/p>\n","protected":false},"author":13,"featured_media":953,"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\/950"}],"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=950"}],"version-history":[{"count":3,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/950\/revisions"}],"predecessor-version":[{"id":956,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/950\/revisions\/956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/953"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}