Safestore has a proven track record in long term value creation. The business model remained resilient during the global financial crisis and the Covid-19 pandemic, with a leading presence in London, Paris, and key markets within the self storage sector. This is underpinned by developing profitable and sustainable spaces that allow individuals, businesses, and local communities to thrive.
1. Attractive market
Under-supplied and growing industry
Significant barriers to entry – constrained supply of attractive locations
2. Unique portfolio
European leading platform
Leading positions in key “space‑constrained” European cities
Unlet invested space equivalent to around 90 stores including pipeline with further development
Growth potential in UK/France and further expansion in Germany, Spain, Netherlands and Belgium.
3. People
A diverse community of well-trained, motivated and engaged colleagues
Investors in People Platinum accreditation awarded
4. Strategic benefits of scale
In-house expertise and scalable marketing technology
Systems and pricing analytical capacities
UK Leading National Accounts offering
5. Strong cash generation
Scalable platform able to finance development and acquisition opportunities
Intelligent use of working capital, positive operating cash flow, strong and flexible capital structure, and quality income-generating assets
Strong dividend growth
6. Quality of earnings
Diversified income stream from 90,000 customers
Existing customers from prior years driving 70% to 80% of revenue
