Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Belgium
  4. Euronext Bruxelles
  5. Shurgard Self-Storage S.A.
  6. News
  7. Summary
    SHUR   LU1883301340

SHURGARD SELF-STORAGE S.A.

(SHUR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Shurgard Self Storage S A : signs a long term lease in Randstad

10/07/2021 | 01:08pm EST

FOR IMMEDIATE RELEASE

October 7, 2021

Shurgard Self Storage SA

("Shurgard")

Shurgard signs a long-term lease for a building in the Randstad region (Netherlands)

LUXEMBOURG - Shurgard, the largest developer, owner and operator of self-storage centers in Europe - has signed a long-term lease agreement for a building in the Rotterdam area (Randstad, The Netherlands). To begin converting the property in a self-storage facility, Shurgard expects to obtain planning permission from the municipality before the end of the year.

The future c. 4,500 sqm self-storage property is set to open during the course of 2022 and will offer approximately 700 self-storage units to the nearby residential areas and business customers. This project will complement our 61 properties in the Netherlands and reinforce our number-one position in that market.

During its recent Investor Day, Shurgard outlined its expansion ambitions - including its organic growth plan. This would mean - besides its continued strategy to open properties in London, Paris, Berlin and Cologne / Dusseldorf - being more active in additional cities namely in The Netherlands and Germany. Shurgard has already a strong leadership position in the Randstad (the conurbation of Amsterdam, Utrecht, Rotterdam and Den Haag) and this new project will benefit from Shurgard's economies of scale, speed of execution, local knowledge of the market, revenue-optimization platform and outstanding customer service.

About Shurgard

Shurgard is the largest provider of self storage in Europe. The company owns and/or operates 252 self-storage centers and approximately 1.3 million net rentable square meters in seven countries: the Netherlands, France, Sweden, the United Kingdom, Belgium, Germany and Denmark.

Shurgard's European network currently serves 175,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".

For more information: corporate.shurgard.eu www.shurgard.com www.facebook.com/shurgardselfstorage

Contact

Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage SA

Email: investor.relations@shurgard.lu

M: +352 621 680 104

Isabel Neumann, Chief Investment Officer, Shurgard Self Storage SA

Email: isabel.neumann@shurgard.eu

M: +32 2 229 56 69

Nathalie Verbeeck, Citigate Dewe Rogerson

Email: nathalie.verbeeck@citigatedewerogerson.com

M: +32 477 45 75 41

Disclaimer

Shurgard Self Storage SA published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 17:06:05 UTC.


ę Publicnow 2021
All news about SHURGARD SELF-STORAGE S.A.
12/03Shurgard Inaugurates New Self-Storage Facility In Germany
MT
12/03SHURGARD SELF STORAGE S A : 20211130 Shurgard opens new self storage property in the Paris..
PU
12/03SHURGARD SELF STORAGE S A : 20211201 Shurgard opens new self-storage property in Berlin
PU
11/30SHURGARD SELF STORAGE S A : Inside Information / Ad Hoc Information - EN
PU
11/29SHURGARD SELF STORAGE S A : 20211129 Withdrawal 24Storage
PU
11/29Information from 24Storage regarding the increased offer from T-C Storage BidCo
AQ
11/24SHURGARD SELF STORAGE S A : 20211123 Publication of Offer Document 24Storage
PU
11/22Shurgard Unit Makes $120 Million Takeover Offer For 24Storage
MT
11/22SHURGARD SELF STORAGE S A : Inside Information / Ad Hoc Information - EN
PU
11/22SHURGARD SELF STORAGE S A : 20211122 Shurgard announces a public recommended cash offer to..
PU
More news
Analyst Recommendations on SHURGARD SELF-STORAGE S.A.
More recommendations
Financials
Sales 2021 295 M 334 M 334 M
Net income 2021 378 M 427 M 427 M
Net Debt 2021 604 M 683 M 683 M
P/E ratio 2021 11,7x
Yield 2021 2,18%
Capitalization 4 755 M 5 368 M 5 380 M
EV / Sales 2021 18,1x
EV / Sales 2022 17,0x
Nbr of Employees 751
Free-Float 64,5%
Chart SHURGARD SELF-STORAGE S.A.
Duration : Period :
Shurgard Self-Storage S.A. Technical Analysis Chart | SHUR | LU1883301340 | MarketScreener
Technical analysis trends SHURGARD SELF-STORAGE S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 53,50 €
Average target price 53,60 €
Spread / Average Target 0,19%
EPS Revisions
Managers and Directors
Marc Pierre Francois Oursin Chief Executive Officer & Director
Jean L. H. Kreusch Chief Financial Officer
Ronald L. Havner Chairman
Duncan Bell Vice President-Operations
Frank Fiskers Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SHURGARD SELF-STORAGE S.A.50.70%5 368
SCENTRE GROUP7.91%10 919
AEON MALL CO., LTD.-2.64%3 334
VINCOM RETAIL JOINT STOCK COMPANY-10.51%2 791
ATRIUM LJUNGBERG AB (PUBL)16.20%2 728
ARABIAN CENTRES COMPANY-20.08%2 535