Safestore Holdings Plc (LON: SAFE)
London flag London · Delayed Price · Currency is GBP · Price in GBX
731.50
-15.00 (-2.01%)
Nov 21, 2024, 5:23 PM BST

Safestore Holdings Company Description

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.

In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle. Safestore operates more self storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and more densely populated UK and French markets.

Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015.

The Group provides storage to around 90,000 personal and business customers. As of 31 October 2023, Safestore had a maximum lettable area ("MLA") of 8.090 million sq ft (excluding the expansion pipeline stores) of which 6.231 million sq ft was occupied.

Safestore employs around 750 people in the UK, Paris, Spain, the Netherlands, and Belgium.

Safestore Holdings Plc
Safestore Holdings logo
Country United Kingdom
Founded 1998
Industry REIT - Industrial
Sector Real Estate
Employees 753
CEO Frederic Vecchioli

Contact Details

Address:
Brittanic House
Borehamwood, WD6 2BT
United Kingdom
Phone 44 20 8732 1500
Website safestore.com

Stock Details

Ticker Symbol SAFE
Exchange London Stock Exchange
Fiscal Year November - October
Reporting Currency GBP
ISIN Number GB00B1N7Z094
SIC Code 6798

Key Executives

Name Position
Frederic Vecchioli Chief Executive Officer and Director
Simon Clinton Chief Financial Officer and Director
David Davies Business Development Director
David Gibson Orr Company Secretary