Arcapita European Self-Storage Development I

Shurgard self-storage

In June 2003, Arcapita formed a joint venture with Shurgard Self-Storage which developed 38 self-storage assets, in the United Kingdom, France, the Netherlands, Denmark, Sweden 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