Self Storage Group ASA – Acquisition of property in Copenhagen, Denmark
(Oslo, November 5th 2020) Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a property in Hjørnagervej 10 in Copenhagen, Denmark. The transaction has a property value of DKK 25.9 million, with a lettable area of 2 600 square meters. The property is currently a City Self-Storage leasehold with an annual lease cost of DKK 2.0 million (2020). "The property is centrally located at Hvidovre, just outside of Copenhagen City Centre. City Self-Storage has rented the property since 2005. With this acquisition we convert a profitable leasehold with