Self Storage Group ASA - Acquisition of property in Esbjerg, Denmark
(Oslo, June 29th 2022) Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a property in Øresundsvej 12 in Esbjerg, the 5th largest city in Denmark. The transaction has a value of DKK 6.6 million and the property has a potential lettable area of 900 square meters. The facility is projected to open in Q1 2023, and will be operated under the City Self Storage brand. "We are pleased to announce this acquisition, which marks the start of our organic growth plans in Denmark. The Esbjerg facility will be the 7[th] SSG freehold facility in Denmark.