Safestore Holdings plc

Safestore Holdings plc is the United Kingdom's largest self-storage group and Europe's second-largest provider, operating as a real estate investment trust (REIT) that owns and/or operates secure, accessible storage facilities across multiple countries. Founded in 1998, the company manages over 210 locations, including 130 wholly owned stores in the UK—with a strong concentration of 72 in London and the South East—and international operations in Paris (30 stores), the Netherlands (13), Belgium (6), Spain (12), Germany (7), and recently Italy via a joint venture. Safestore primarily generates revenue from renting self-storage units to both individuals and businesses, such as online retailers and multinational firms, supplemented by sales of insurance and packaging materials. Its properties target affluent, densely populated urban areas, emphasizing operational excellence, sustainability, and expansion through new builds, acquisitions, and extensions. With a workforce of approximately 750 employees, Safestore Holdings plc plays a pivotal role in the industrial REIT sector, delivering resilient performance and supporting diverse storage needs in key European markets.