15 Sep 2021
Levy Real Estate are pleased to have successfully completed the sale of A&A Self Storage to Shurgard Self Storage.
London-based self-storage portfolio totaled in excess of 120,000 sq ft, including three freehold units and one leasehold unit located in Kings Cross, Kentish Town, Watford and Camden.
Simon Higgins, Managing Director, who led the sale on behalf of A&A comments: ‘’the sector continues to perform well and the sale demonstrates that self-storage businesses which offer good operational platforms in well-established locations attract considerable investor interest.
“The sale adds to our track record as a leading advisor in the marketplace in both the sale and acquisition of self-storage businesses and in the identification of land and buildings for new stores’’.
A&A Self Storage was founded in 1995 by Susie Fabre.
Shurgard Self Storage is the largest provider of self-storage in Europe. The company currently owns and/or operates 249 self-storage centres and approximately 1.2 million net rentable square metres in seven countries.
Thanks go to Rob Watts in our industrial team, Michel Heller at Gowers Investments and to Adam Marks and his team at Taylor Wessing.