Shurgard : Lok’nStore: a major step in the execution of the group’s growth strategy in Europe
>Lok’nStore: acquisition should enable Shurgard to double its size in the UK - Yesterday morning before trading, Shurgard announced the acquisition of Lok’nStore for a total estimated cost of € 613m vs a medium-term investment policy of € 200m per annum:Lok’nStore is a major player in the UK and is ninth-ranked European operator in self-storage, currently operating 43 sites and with a pipeline of 9 assets, all located in the UK in Greater London, the south east o...
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