Safestore
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Safestore is the UK’s largest and Europe’s second largest provider of self-storage. It is listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
and is a constituent of the FTSE 250 Index.


History

Safestore was founded in the UK in 1998, and floated on the
Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...
(AIM) that year. In 2003, the company delisted from the AIM after a Bridgepoint-backed £39.8 million Management Buyout led by Steve Williams (Chief Executive at the time). In 2004, Safestore acquired Mentmore plc for £209 million who were trading under the ‘Spaces’ brand in the UK and as the ‘Une Pièce en Plus’ (UPEP) brand in France. The company has been listed in the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
since 2007. In April 2013, Safestore was converted into a real estate investment trust (REIT). Safestore acquired Space Maker in July 2016 (adding 12 stores to the UK operation) and it completed the acquisition of Alligator Self Storage in November 2017. Safestore acquired the Ready Steady store in Heathrow from Rockpool Investments in August 2019 and two stores joined the Safestore group in London through the acquisition of Fort Box Self Storage in November 2019. Safestore also established a JV with Carlyle which acquired M3 Self Storage in the Netherlands (six stores in Amsterdam and Haarlem) in August 2019. Safestore also acquired Oh My Box Self storage (four stores in central Barcelona) in January 2020.


See also

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Big Yellow Group The Big Yellow Group is a self-storage company based in Bagshot, England. It is the largest self-storage company in the United Kingdom and is a constituent of the FTSE 250 Index and listed on the London Stock Exchange. Big Yellow has the high ...
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Lok'nStore Lok'nStore Group PLC is a provider of self storage space in the UK. The company rents individual, storage units to both business and domestic / household customers. Lok'nStore has been listed on the Alternative Investment Market (AIM) since Ju ...
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Public Storage Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT). It is the largest brand of self-storage services in the US. In 2008, it was the large ...


References


External links


Official Website
{{Authority control Financial services companies established in 1998 Real estate companies established in 1998 Companies listed on the London Stock Exchange Storage companies Real estate investment trusts of the United Kingdom British companies established in 1998 1998 establishments in England Companies based in Hertsmere British brands