Friday 22nd Mar 2019 - Logistics Manager Magazine

Shurgard buys major self-storage business for £50m

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Self-storage company Shurgard UK has acquired London-based business ABC Selfstore for £50 million.

The purchase comprises the three strategically located freehold facilities in Wandsworth, Southwark and Camden.

“The self-storage market is currently very competitive and the portfolio generated considerable interest with all the major providers looking to increase market share across the capital and a number of newcomers seeking to acquire a quality London platform,” said Simon Higgins from London property consultants, Levy Real Estate, which represented ABC Selfstore in the sale.