(Oslo, October 4th 2021) Self Storage Group ASA (Self Storage Group, OSE:SSG)
has entered into an agreement to acquire a new-build property in Gardermovegen
in Nannestad, Norway. The transaction has a property value of NOK 11.5 million,
with an estimated lettable area of 1050 square meters. The facility is projected
to open during Q3 2022. The property in Gardermovegen will be operated under the
OK Minilager brand.

"The property is located in Øvre Romerike, a region north of Oslo with strong
growth. The location has easy access from main roads, close to Jessheim. This
acquisition is in line with our strategy to grow our freehold portfolio in
selected markets. There is a growing demand for our services, as urbanization
and smaller living spaces cause 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; OK
Minilager and City Self-Storage. The company is one of the leading self-storage
providers in Scandinavia with a particularly strong position in the Norwegian
market. Self Storage Group operates 124 facilities across Scandinavia with a
current lettable area of 163 300 square meters as of Q2 2021.

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© Oslo Bors ASA, source Oslo Stock Exchange