- CEO
- Marc F. Oursin
- Full Time Employees
- 836
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 11 Rue de l' Industrie Luxembourg City GU Luxembourg 8399
- IPO Date
- Jul 15, 2020
- Business
- Shurgard Self Storage S.A. operates as the largest owner and operator of self-storage facilities in Europe, providing secure, individual self-storage units ranging from 1 to 30 square meters. Its core offerings include rental storage units catering to both private and business customers, flexible contract terms without long-term commitments, and convenient access hours. The company’s extensive portfolio encompasses approximately 344 self-storage facilities totaling around 1.7 million net rentable square meters across seven countries: the United Kingdom, the Netherlands, France, Germany, Sweden, Belgium, and Denmark. It serves around 230,000 customers with approximately 900 employees and holds a strong market presence in major European urban centers. Founded in 1995 and headquartered in Brussels, Belgium, Shurgard is publicly listed on Euronext Brussels under the symbol SHUR.
Recent strategic developments in 2024 and 2025 underline Shurgard’s aggressive expansion and portfolio growth. The company completed a series of acquisitions in Germany, including the Pickens portfolio in early 2024 adding about 31,300 net square meters, and the Prime Self-Storage portfolio in September 2024 for around €100 million, consolidating its position as the number two self-storage provider in Germany. Additionally, Shurgard acquired UK-based competitor Lok’nStore in an all-cash deal valued at £378 million ($474 million) in 2024, doubling its UK presence and significantly broadening its footprint beyond London. In 2025, Shurgard opened a new self-storage facility in central Paris in partnership with INDIGO, a leading car park operator in Europe, marking a return to central Paris and providing more than 1,100 storage units. This partnership grants access to dedicated facilities in high-density urban car parks, with more openings scheduled in 2026 and 2027. Shurgard also invested in redevelopment projects and new store openings, continuing to enhance its market presence across Europe.
Shurgard holds high ESG ratings including a GRESB 5-star and Sector Leader status and an 'A' rating from MSCI, reflecting its commitment to sustainability and operational excellence. The company maintains leadership in the European self-storage industry by focusing on acquisitions, development, and redevelopment in capital and primary cities, targeting urban customers seeking flexible and secure storage solutions. Its portfolio strategy combines organic growth with strategic acquisitions, supported by significant funding rounds, including a €300 million capital raise in late 2023. These initiatives align with its long-term goal of providing high-quality self-storage solutions tailored for residential and commercial markets throughout Europe.