Arcapita European Self-Storage Development II

Shurgard self-storage

In July 2004, Arcapita formed a joint venture with Shurgard Self-Storage SCA and developed 34 self-storage assets, in the United Kingdom, France, the Netherlands, Denmark, Sweden, Belgium and Germany. Shurgard Europe is a well-established developer, owner and operator of self-storage facilities in Europe. Shurgard Europe oversaw the construction management, design services and functions for the portfolio and played a key role in the marketing and lease-up of the properties under the Shurgard brand name. In March 2011, Arcapita and its investors sold their holding to their joint venture partner, Shurgard Europe.

Investment Type

Real Estate

Region

Europe

Exit Date

2011