Is safestore a REIT?
Table of Contents
Is safestore a REIT?
As a Real Estate Investment Trust (REIT), Safestore must follow certain rules relating to money it distributes to shareholders, and how those distributions are taxed.
How many self-storage REITs are there?
How to Invest in Self-Storage REITs. There are currently 5 self-storage REITs listed on the FTSE Nareit US Real Estate Indexes available to invest in directly, or an individual can invest through REIT mutual funds or exchange-traded funds (ETFs).
Is self-storage A Good business UK?
Self-storage is growing in popularity. We are now able to update this thanks to the recent release (May) of the Self-Storage Association UK (SSA UK) Annual Report for 2020, in conjunction with Cushman & Wakefield.
What is safestore Co UK?
Safestore is the UK’s largest and Europe’s second largest provider of self-storage. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Who founded safestore?
CEO Frederic Vecchioli
It acquired the French business “Une Pièce en Plus” (25 stores) in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. Safestore has been listed in the London Stock exchange since 2007.
Is National Storage REIT a good investment?
Investors in National Storage REIT (ASX:NSR) have made a stellar return of 123% over the past five years.
Is a storage container business profitable?
Based on current costs and rental prices we estimate that buying a new 20ft shipping container and having it delivered to your site will cost you the first two years worth of rental income, after which for the remainder of the 10-20 year lifespan of the container it will nearly all be profit.
How many self-storage facilities are there in the UK?
1,900 self storage sites
The report estimates there are now approximately 1,900 self storage sites in the UK, offering around 49 million sq ft of space with an average store size of 25,700 sq ft.
What is the future of self-storage industry?
Most self-storage property owners have seen staggering growth in the past 18 months. Storage real estate investment trusts (REITs) achieved a nearly 59 percent average return year in 2021, the highest among all REIT sectors, according to Nareit data.
How secure is safestore?
Secure access self storage You will be the only keyholder for your unit and so your belongings will be kept secure and private; access to our sites is strictly controlled and monitored by 24 hour CCTV so that you can be confident that the only person who will access your unit is you.
Who owns safestore UK?
Company history In March, Safestore acquired the remaining 80% of the equity owned by Carlyle Europe Realty in the Joint Venture formed in 2019.
What industry is safestore?
Safestore
| Type | Public |
|---|---|
| Industry | Storage |
| Founded | 1998 |
| Headquarters | Borehamwood, Hertfordshire, UK |
| Key people | David Hearn, (Chairman) Frederic Vecchioli, (CEO) |
Do you need planning permission for self-storage?
Do I need planning permission for a storage container? Storage containers are non-permanent so in most cases not. However if the storage container is going to be in a residential area, near a road junction, or likely to cause complaints from neighbours, we recommend you check with your local planning authorities.
