Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Self Storage Group ASA
  6. News
  7. Summary
    SSG   NO0010781206

SELF STORAGE GROUP ASA

(SSG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Self Storage Group ASA : - Acquisition of new property in Sandefjord, Norway

10/28/2020 | 03:12am EDT

(Oslo, October 28th 2020) Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a property in Pindsleveien 8C in Sandefjord, Norway. The transaction has a property value of NOK 14.1 million, with an estimated lettable area of 1 800 square meters. The facility is projected to open during Q2 2021. Pindsleveien 8C will be operated under the OK Minilager brand.

"The property is centrally located at Pindsle, the largest commercial area in Sandefjord. With this new investment, we will strengthen our position as market leader in Vestfold & Telemark region. This acquisition is in line with our strategy to grow our freehold portfolio in selected markets. "There is a growing demand for self-storage in Norway, as urbanization and smaller living spaces cause an increasing need for external storage solutions", says Fabian Søbak, Chief Executive Officer of Self Storage Group.

The transaction is expected to be closed during the 4th quarter of 2020.

For additional information, please contact: Cecilie Brænd Hekneby, CFO, +47 99 29 38 26

About Self Storage Group|www.selfstoragegroup.no
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 113 facilities across Scandinavia with a current lettable area of 142 100 m2 as of Q2 2020.

https://news.cision.com/self-storage-group-asa/r/self-storage-group-asa---acquisition-of-new-property-in-sandefjord--norway,c3226764

(c) 2020 Cision. All rights reserved., source Press Releases - English

All news about SELF STORAGE GROUP ASA
04/14SELF STORAGEá : Jeff Gorden of The Gorden Group Arranges the Sale of 19.5 Acres ..
AQ
04/08SELF STORAGEá : Florida Argus Broker Affiliates Announce Sale of Self Storage Fa..
AQ
04/08SELF STORAGEá : Buys Property In Halden, Norway
MT
04/08SELF STORAGE GROUP ASAá : - Acquisition of property in Halden
AQ
03/25SELF STORAGEá : to Acquire Denmark's Dit Pulterkammer
MT
03/25SSG : Building a national footprint in Denmark - acquisition of Dit Pulterkammer
AQ
02/28SELF STORAGEá : Argus Broker Affiliate Announces Sale of Kansas Self Storage Fac..
AQ
02/16SELF STORAGEá : All-time high revenues in fourth quarter 2020
AQ
02/13SELF STORAGEá : Argus Broker Affiliate Sells Missouri Self Storage Facility
AQ
02/12SELF STORAGE GROUP ASA : Invitation to presentation of Q4 2020 results
AQ
More news
Financials
Sales 2020 312 M 37,6 M 37,6 M
Net income 2020 67,0 M 8,08 M 8,08 M
Net Debt 2020 876 M 106 M 106 M
P/E ratio 2020 27,5x
Yield 2020 -
Capitalization 1 965 M 237 M 237 M
EV / Sales 2020 9,12x
EV / Sales 2021 8,64x
Nbr of Employees 58
Free-Float 66,4%
Chart SELF STORAGE GROUP ASA
Duration : Period :
Self Storage Group ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SELF STORAGE GROUP ASA
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 2
Average target price 30,00 NOK
Last Close Price 23,30 NOK
Spread / Highest target 41,6%
Spread / Average Target 28,8%
Spread / Lowest Target 15,9%
EPS Revisions
Managers and Directors
NameTitle
Fabian Emil S°bak Chief Executive Officer
Cecilie Margrethe BrŠnd Hekneby Chief Financial Officer
Steven J. Skaar Chairman
Sveinung H°yer-Trollnes Chief Operating Officer
Gustav Sigmund S°bak Director