December 2, 2025
Shurgard Self Storage Ltd ("Shurgard" or the "Company"(Shurgard acquires the two 'Sesam Self Storage' facilities in Sweden
Shurgard - the largest owner and operator of self-storage facilities in Europe - is pleased to announce today the acquisition of two self-storage facilities majority owned by Granitor, operated under the Sesam Self Storage ('Sesam') brand, reinforcing its position as market leader across Sweden.
Shurgard takes over the self-storage facilities of Sesam at:
Landerigränden 1, 223 55 Lund, Sweden; and
Mörsaregatan 23, 254 66 Helsingborg, Sweden.
The closing of the transaction took place on December 2, 2025.
Both properties are freehold buildings and they will be remotely managed from Shurgard' s existing facilities in the region (Lund & Helsingborg).
They bring c. 11,200 Sqm of net lettable space spread across 1,800 units. The current occupancy of the acquired business is approximately 20%.
The total investment for the acquisition is approximately €20.9 million, and the expected yield at maturity is around 10%.
Marc Oursin, Chief Executive Officer of Shurgard Self-Storage, commented:
"This bolt-on acquisition further strengthens our presence in the Skåne region and fits perfectly with our growth strategy in Sweden. We look forward to welcoming new customers and integrating these properties into our network. We appreciate the professionalism of Granitor and the other shareholders and thank them for a constructive transaction!"
Shurgard now operates 41 self-storage facilities in Sweden, representing over 200,000 sqm of net rentable space.
About ShurgardShurgard is the largest provider of self storage in Europe. The company owns and/or operates 343 self-storage facilities and approximately 1.7 million net rentable square meters in seven countries: the United Kingdom, the Netherlands, France, Germany, Sweden, Belgium and Denmark.
Shurgard is a GRESB 5-star and Sector Leader, has an 'A' ESG rating from MSCI, is rated Low risk by Sustainalytics and has an EPRA sBPR Gold medal.
Shurgard's European network currently serves c. 230,000 customers and employs approximately 900 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".
For more information:
https://www.shurgard.com/corporate https://www.shurgard.com/sv-se https://www.shurgard.com/sv-se/blog https://www.facebook.com/shurgardselfstorage
ContactCaroline Thirifay, Director of Investor Relations, Shurgard Self Storage Ltd E-mail: investor.relations@shurgard.co.uk
M: +44 75 96 87 57 13
Isabel Neumann, Chief Investment Officer, Shurgard Self Storage Ltd Email: isabel.neumann@shurgard.eu
M: +32 2 229 56 69