Safestore Holdings Company Description
Safestore is the UK's largest self-storage group with 203 stores on 26 November 2024; comprising 138 in the UK (including 77 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), 30 in the Paris region, 15 in Spain, 14 in the Netherlands and 6 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 96,000 personal and business customers. As of 31 October 2024, Safestore had a maximum lettable area ("MLA") of 8.59 million sq ft (excluding the expansion pipeline stores) of which 6.41 million sq ft was occupied.
Safestore employs around 800 people in the Group.
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Country | United Kingdom |
Founded | 1998 |
Industry | REIT - Industrial |
Sector | Real Estate |
Employees | 804 |
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 |