Shurgard Self Storage S A : signs new purchase agreement in Randstad (the Netherlands) (2024)

May 03, 2024 at 12:57 am EDT

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FOR IMMEDIATE RELEASE

May 1, 2024

Shurgard Self Storage Ltd

("Shurgard")

Shurgard signs new purchase agreement in Randstad (the Netherlands)

Shurgard - the largest developer, owner and operator of self-storage centers in Europe - has signed a conditional purchase agreement in Randstad and is expected to receive a building permit for a new storage facility in the coming months.

  • The property is a freehold conversion, located in the north-west of Amsterdam (Randstad), with excellent accessibility from the highway.
  • The highly visible site represents an opportunity to add to our presence in this fast growing area.
  • The property is located in a commercial area, and yet close to residential buildings.
  • The future c. 4,400 sqm freehold self-storage facility will offer over 600 clean and secure self- storage units and is set to open in 2025.

Shurgard currently has five properties in its organic development pipeline in the Netherlands:

  1. Nieuwegein (Utrecht area) - freehold - c. 4,500 Sqm set to open in 2024
  2. Almere (Amsterdam metropolitan area) - freehold - c. 4,100 Sqm - set to open in 2024
  3. One property in the north of Amsterdam - freehold - c. 5,400 Sqm - set to open in 2025
  4. One property in The Hague - freehold - c. 4,400 Sqm - set to open in 2025
  5. The newly-disclosed project in the north-west of Amsterdam - freehold - c. 4,400 Sqm - set to open in 2025

Shurgard currently offers self-storage solutions in 67 properties in the Netherlands and holds the largest market share in that market.

About Shurgard

Shurgard is the largest provider of self storage in Europe. The company owns and/or operates 282 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.

Shurgard is a GRESB 5-star and Sector Leader, has an 'AA' 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.

Shurgard's European network currently serves c. 190,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".

For more information: https://www.shurgard.com/corporatehttp://www.shurgard.com/nl-nlhttp://www.shurgard.com/nl-nl/blogwww.facebook.com/shurgardselfstorage

FOR IMMEDIATE RELEASE

Contact

Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage Ltd Email: investor.relations@shurgard.co.uk

  1. +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

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Disclaimer

Shurgard Self Storage Ltd. published this content on 01 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2024 04:56:04 UTC.

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