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85 football fields: Safestore’s self-storage
Favourable market trends helped the UK’s leading self-storage operator Safestore (SAFE) grow earnings per share 78% in the last three years, according to results released 9 Jan.
Safestore has 5.6m square feet of self storage space, equivalent to around 85 football fields, mainly in London and Paris.
Self storage supply per head of population in the UK and France has been growing for the last 15 years but still trails countries including the US and Australia says chief executive Frederic Vecchioli.