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2023-07-04 11:43:16
(Oslo, July 4rd 2023) Self Storage Group ASA (Self Storage Group, OSE:SSG) has
entered into an agreement to acquire a property under development in Skjerven
næringspark in Gjøvik, Norway. The transaction has a value of NOK 18,9 million
and the property has a potential lettable area of 1400 square meters. The
facility is projected to open in first half of 2024 and will be operated under
the City Self-Storage brand.
We are pleased to announce the acquisition of this property, which will be our
2[nd] facility in Gjøvik. With this acquisition we strengthen our market leading
position in the Innlandet region. This acquisition is in line with our strategy
to grow our freehold portfolio in selected markets. The demand for self-storage
is growing, and the demand has proven to be resilient during previous
recessions. Especially urbanization and smaller living spaces are causing an
increasing need for external storage solutions" says Fabian Søbak", Chief
Executive Officer of Self Storage Group.
Self Storage Group ASA engages in the business of renting out self-storage units
to both private individuals and businesses through the two concepts