Development And ExpansionSafestore has a fully-funded and ambitious development programme, set to deliver a c.15% increase in maximum lettable area, which is expected to drive earnings growth from next year.
Management And Financial StabilitySafestore is well able to weather economic challenges given its strong balance sheet and highly capable management.
Structural Growth StorySelf-storage is a structural growth story, with levels of penetration in Europe far lower than in the US and even the UK, which presents a strong opportunity for Safestore in its continued expansion into Europe.