Shurgard Self Storage S.A., the Luxembourg based owner and operator of self-storage facilities, has acquired Pickens Selfstorage GmbH, the Germany based provider of self-storage space, for EUR 120m. The transaction includes three operating properties in Berlin representing 17,600 net Sqm and three operating properties in Hamburg representing 13,700 net Sqm.
- Target – Pickens Selfstorage GmbH
- Buyer – Shurgard Self Storage s.a.
- Seller – Shareholders
