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    SHUR   LU1883301340

SHURGARD SELF-STORAGE S.A.

(SHUR)
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Shurgard Self Storage S A : opens new self-storage facility in the Netherlands, The Hague region (Zoetermeer)

07/27/2021 | 07:20am BST

FOR IMMEDIATE RELEASE

July 26, 2021

Shurgard Self Storage SA

("Shurgard")

Shurgard opens new self-storage facility in the Netherlands, The Hague region (Zoetermeer)

LUXEMBOURG - Shurgard, the largest developer, owner and operator of self-storage centers in Europe - is pleased to announce the opening of its new self-storage facility on July 22, 2021, in Zoetermeer (The Hague region, Randstad).

The new property was re-built after a fire in a neighboring building destroyed Shurgard Zoetermeer Industrieweg on January 1, 2020.

The c. 4,000 sqm two-storey building will offer over 850 self-storage units to the Zoetermeer area.

With a wide variety of storage units from 1.5 to 22 square meter units, Shurgard is serving both individuals and businesses in the area as well.

The store also includes many sustainability features already present in our other properties, like energy-efficient elevators and HVAC systems, motion sensor systems, LED lighting and

low-flow taps to minimize water consumption.

Shurgard currently operates 62 convenient storage locations across The Netherlands - representing over 300,000 net rentable square meters. 20 of these properties are located in the South Holland Province (Rotterdam, The Hague, Delft...). This presence has made Shurgard the preferred self-storage provider for local residents but also for businesses looking for local or network solutions.

About Shurgard

Shurgard is the largest provider of self storage in Europe. The company owns and/or operates 245 self-storage centers and approximately 1.2 million net rentable square meters in seven countries: the Netherlands, France, Sweden, the United Kingdom, Belgium, Germany and Denmark.

Shurgard's European network currently serves 170,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".

For more information: corporate.shurgard.eu www.shurgard.nl blog.shurgard.nl www.facebook.com/shurgardselfstorage

FOR IMMEDIATE RELEASE

Contact

Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage SA

Email: investor.relations@shurgard.lu

M: +352 621 680 104

Nathalie Verbeeck, Citigate Dewe Rogerson

Email: nathalie.verbeeck@citigatedewerogerson.com

M: +32 477 45 75 41

Disclaimer

Shurgard Self Storage SA published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 06:19:04 UTC.


© Publicnow 2021
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Financials
Sales 2021 293 M 341 M 248 M
Net income 2021 368 M 429 M 312 M
Net Debt 2021 599 M 697 M 507 M
P/E ratio 2021 12,4x
Yield 2021 2,20%
Capitalization 4 702 M 5 469 M 3 979 M
EV / Sales 2021 18,1x
EV / Sales 2022 17,2x
Nbr of Employees 751
Free-Float 64,5%
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Number of Analysts 9
Last Close Price 52,90 €
Average target price 50,67 €
Spread / Average Target -4,22%
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Managers and Directors
Marc Pierre Francois Oursin Chief Executive Officer & Director
Jean L. H. Kreusch Chief Financial Officer
Ronald L. Havner Chairman
Duncan Bell Vice President-Operations
Frank Fiskers Independent Non-Executive Director
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