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Safestore

Safestore is the UK’s largest and Europe’s second largest provider of self-storage.[4][5] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Safestore Holdings plc
TypePublic
IndustryStorage
Founded1998
HeadquartersBorehamwood, Hertfordshire, UK
Key people
David Hearn, (Chairman)[1]
Frederic Vecchioli, (CEO)[2]
Revenue £212.5 million (2022)[3]
£514.5 million (2022)[3]
£462.9 million (2022)[3]
Websitewww.safestore.co.uk

History edit

Safestore was founded in the UK in 1998,[6] and floated on the Alternative Investment Market (AIM) that year. In 2003, the company delisted from the AIM after a Bridgepoint-backed £39.8 million Management Buyout led by Steve Williams (Chief Executive at the time).[7]

In 2004, Safestore acquired Mentmore plc[8] for £209 million who were trading under the ‘Spaces’ brand in the UK and as the ‘Une Pièce en Plus’ (UPEP) brand in France.[9] The company has been listed in the London Stock Exchange since 2007.[10] In April 2013, Safestore was converted into a real estate investment trust (REIT).[11]

Safestore acquired Space Maker in July 2016 (adding 12 stores to the UK operation)[12][13][14] and it completed the acquisition of Alligator Self Storage in November 2017.[15]

Safestore acquired the Ready Steady store in Heathrow from Rockpool Investments in August 2019[16] and two stores joined the Safestore group in London through the acquisition of Fort Box Self Storage in November 2019.[17]

Safestore also established a JV with Carlyle which acquired M3 Self Storage in the Netherlands (six stores in Amsterdam and Haarlem) in August 2019.[18] Safestore also acquired Oh My Box Self storage (four stores in central Barcelona) in January 2020.[19]

See also edit

References edit

  1. ^ "Safestore appoints David Hearn as chairman". sharesmagazine.co.uk. Retrieved 14 May 2020.
  2. ^ "FE Investegate -Safestore Hldgs plc Announcements - Safestore Hldgs plc: Directorate Change". investegate.co.uk. Retrieved 3 June 2015.
  3. ^ a b c "Annual Report 2022" (PDF). Safestore. Retrieved 17 February 2023.
  4. ^ "Investors' Room :: Safestore Plc - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2". moneyam.com. Retrieved 3 June 2015.
  5. ^ . hemscottir.com. Archived from the original on 2016-03-05. Retrieved 3 June 2015.
  6. ^ Soros makes a loss in Safestore's £40m management buyout Independent – 22 August 2003
  7. ^ "Bridgepoint / Safestore to IPO at 240p per share". bridgepoint.eu. Retrieved 3 June 2015.
  8. ^ "Experts Put Safestore on Track for Expansion".[dead link]
  9. ^ "A Year of Crazy Change in France". Inside Self Storage. 1 June 2006. Retrieved 14 May 2020.
  10. ^ . londonstockexchange.com. Archived from the original on 3 June 2015. Retrieved 3 June 2015.
  11. ^ "SAFE". Interactive Investor. Retrieved 3 June 2015.
  12. ^ "FE Investegate -Safestore Hldgs plc Announcements - Safestore Hldgs plc: Notice of Results". investegate.co.uk. Retrieved 3 June 2015.
  13. ^ "Safestore Holdings Plc's "Buy" Rating Reiterated at Numis Securities Ltd (SAFE) - Ticker Report". Ticker Report. Retrieved 3 June 2015.
  14. ^ "Self Storage – opportunity or threat to movers?". themover.co.uk. Retrieved 3 June 2015.
  15. ^ "Safestore snaps up Alligator Self Storage". propertyweek.com. Retrieved 14 May 2020.
  16. ^ "Self-storage firm snaps up Heathrow store in £6.5m deal". capitalwestlondon.co.uk. 29 August 2019. Retrieved 14 May 2020.
  17. ^ "Fort Box Self Storage Sold To Safestore". levyrealestate.co.uk. 14 November 2019. Retrieved 14 May 2020.
  18. ^ "Safestore joins forces with Carlyle in Dutch takeover". cityam.com. 19 August 2019. Retrieved 14 May 2020.
  19. ^ "Safestore enters Spain with the purchase of Oh My Box! for 17.3M euros". Property PortalWatch. 13 January 2020. Retrieved 14 May 2020.

External links edit

safestore, largest, europe, second, largest, provider, self, storage, listed, london, stock, exchange, constituent, ftse, index, holdings, plctypepublictraded, aslse, safeftse, componentindustrystoragefounded1998headquartersborehamwood, hertfordshire, ukkey, p. Safestore is the UK s largest and Europe s second largest provider of self storage 4 5 It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index Safestore Holdings plcTypePublicTraded asLSE SAFEFTSE 250 componentIndustryStorageFounded1998HeadquartersBorehamwood Hertfordshire UKKey peopleDavid Hearn Chairman 1 Frederic Vecchioli CEO 2 Revenue 212 5 million 2022 3 Operating income 514 5 million 2022 3 Net income 462 9 million 2022 3 Websitewww safestore co uk Contents 1 History 2 See also 3 References 4 External linksHistory editSafestore was founded in the UK in 1998 6 and floated on the Alternative Investment Market AIM that year In 2003 the company delisted from the AIM after a Bridgepoint backed 39 8 million Management Buyout led by Steve Williams Chief Executive at the time 7 In 2004 Safestore acquired Mentmore plc 8 for 209 million who were trading under the Spaces brand in the UK and as the Une Piece en Plus UPEP brand in France 9 The company has been listed in the London Stock Exchange since 2007 10 In April 2013 Safestore was converted into a real estate investment trust REIT 11 Safestore acquired Space Maker in July 2016 adding 12 stores to the UK operation 12 13 14 and it completed the acquisition of Alligator Self Storage in November 2017 15 Safestore acquired the Ready Steady store in Heathrow from Rockpool Investments in August 2019 16 and two stores joined the Safestore group in London through the acquisition of Fort Box Self Storage in November 2019 17 Safestore also established a JV with Carlyle which acquired M3 Self Storage in the Netherlands six stores in Amsterdam and Haarlem in August 2019 18 Safestore also acquired Oh My Box Self storage four stores in central Barcelona in January 2020 19 See also editBig Yellow Group Lok nStore Public StorageReferences edit Safestore appoints David Hearn as chairman sharesmagazine co uk Retrieved 14 May 2020 FE Investegate Safestore Hldgs plc Announcements Safestore Hldgs plc Directorate Change investegate co uk Retrieved 3 June 2015 a b c Annual Report 2022 PDF Safestore Retrieved 17 February 2023 Investors Room Safestore Plc MoneyAM Free Share Prices Stock Quotes Charts News Level2 moneyam com Retrieved 3 June 2015 Safestore Holdings plc Shareholders approve REIT hemscottir com Archived from the original on 2016 03 05 Retrieved 3 June 2015 Soros makes a loss in Safestore s 40m management buyout Independent 22 August 2003 Bridgepoint Safestore to IPO at 240p per share bridgepoint eu Retrieved 3 June 2015 Experts Put Safestore on Track for Expansion dead link A Year of Crazy Change in France Inside Self Storage 1 June 2006 Retrieved 14 May 2020 SAFESTORE HOLDINGS PLC ORD 1P London Stock Exchange londonstockexchange com Archived from the original on 3 June 2015 Retrieved 3 June 2015 SAFE Interactive Investor Retrieved 3 June 2015 FE Investegate Safestore Hldgs plc Announcements Safestore Hldgs plc Notice of Results investegate co uk Retrieved 3 June 2015 Safestore Holdings Plc s Buy Rating Reiterated at Numis Securities Ltd SAFE Ticker Report Ticker Report Retrieved 3 June 2015 Self Storage opportunity or threat to movers themover co uk Retrieved 3 June 2015 Safestore snaps up Alligator Self Storage propertyweek com Retrieved 14 May 2020 Self storage firm snaps up Heathrow store in 6 5m deal capitalwestlondon co uk 29 August 2019 Retrieved 14 May 2020 Fort Box Self Storage Sold To Safestore levyrealestate co uk 14 November 2019 Retrieved 14 May 2020 Safestore joins forces with Carlyle in Dutch takeover cityam com 19 August 2019 Retrieved 14 May 2020 Safestore enters Spain with the purchase of Oh My Box for 17 3M euros Property PortalWatch 13 January 2020 Retrieved 14 May 2020 External links editOfficial Website Archived 2016 02 06 at the Wayback Machine Retrieved from https en wikipedia org w index php title Safestore amp oldid 1186163868, wikipedia, wiki, book, books, library,

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