- Business
- Safestore Holdings plc (SFSHF), the UK's largest self-storage operator, provides secure self-storage solutions and related services to personal and business customers across multiple European markets; core offerings include flexible unit rentals in various sizes equipped with 24/7 CCTV monitoring, secure access controls and alarms, alongside ancillary products such as insurance via StoreProtect, packing materials, padlocks and merchandise. Founded in 1998 and headquartered in Borehamwood, Hertfordshire, UK, the company operates approximately 209 stores with 9.14 million square feet of maximum lettable area as of April 2025, comprising 139 wholly-owned UK locations (78 in London and the South East, others in Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle and Bristol), 32 in the Paris region under Une Pièce en Plus, 16 in Spain under OhMyBox!, 16 in the Netherlands under MijnSafestore, six in Belgium under MySafestore, seven in Germany via a joint venture with Carlyle, and 11 in Italy (one under development) through a 50/50 joint venture with Nuveen Real Estate following the December 2024 €175 million acquisition of Easybox Self Storage, Italy's second-largest operator by store count. Recent expansions include 10 new stores and one extension adding 531,000 square feet in the half year to April 2025 across London, Paris, Madrid, Barcelona, Pamplona, Amsterdam and Utrecht; a development pipeline of 20 further projects to deliver 1.08 million square feet through 2026 and beyond, primarily in London, Paris, Madrid, Barcelona and Brussels; full ownership acquisition of a 15-store Benelux portfolio from Carlyle in 2022; and entry into Germany via the Carlyle JV in 2022, alongside ongoing store extensions and freehold purchases in key markets to enhance its 98,000-customer base amid robust domestic demand and European growth.