Safestore Holdings Plc Overview
Pro stress-test →Safestore is the UK's largest self-storage group with 210 stores comprising 139 in the UK (including 78 in London and the South East), 32 in the Paris region, 16 in Spain, 16 in the Netherlands and seven in Belgium. The Group provides storage to around 98,000 personal and business customers, with operations spanning the UK and Continental Europe serving both residential and commercial needs.
Strategic Profile
Pro stress-test →The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore reported group revenue of £61.2 million for the quarter ended 31 January 2026, up 6.3% at constant exchange rates. The business offers robust medium-term growth potential through its development pipeline and unoccupied space.
Competitive Landscape
Pro stress-test →Safestore is the UK and Europe's second largest provider of self-storage. The sector is dominated by large-scale regional operators with limited consolidation. Key competitors include Big Yellow and other regional self-storage operators. Competitive advantage stems from London/South East concentration, brand recognition, and scale economies in property management.
Industry Context
Safestore Holdings Plc operates in Real Estate Investment Trust (REIT) - Self-Storage Sector.
Key facts
Founded: 1998 · Headquarters: Borehamwood, UK · Employees: 850 · Revenue: £306M · Market cap: £1.73B