Brief: Shurgard Self Storage Obtains Building Permit For Site In Frankfurt Roedelheim

Shurgard Self Storage

03/04/2024 06:53

April 3 (Reuters) - SHURGARD SELF STORAGE  SHUR.BR :
    * ANNOUNCED ON TUESDAY IT OBTAINED BUILDING PERMIT FOR
SELF-STORAGE FACILITY IN FRANKFURT ROEDELHEIM, GERMANY
    * FACILITY IS SET TO OPEN IN 2026, VACANT POSSESSION TO BE
ACHIEVED IN 2025 
    * TOTAL PROJECT COST, EXCL. ABSORPTION COST, IS ESTIMATED AT
EUR
20.9 MILLION
    * PROPERTY YIELD AT MATURITY IS EXPECTED TO BE AROUND 8%

        
 Source text: https://shorturl.at/fmPQZ
 Further company coverage:  SHUR.BR  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))