Shurgard Self Storage Ltd/€SHUR

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About Shurgard Self Storage Ltd

Shurgard Self Storage Ltd. specializes in providing self-storage solutions for both individual and business clients across Europe. The company offers a range of storage units, along with ancillary services such as the sale of packing materials and insurance referrals. Founded in 1995, Shurgard has expanded its operations to seven countries: the Netherlands, France, Sweden, the United Kingdom, Belgium, Germany, and Denmark, operating over 330 self-storage centers. The company's strategic focus includes developing, redeveloping, and acquiring high-quality stores in urban areas with strong growth potential.
Ticker
€SHUR
Primary listing
BSE
Employees
821
Headquarters
Luxembourg City, Luxembourg

SHUR Metrics

BasicAdvanced
€2.3B
7.43
€3.09
0.83
€0.41
1.80%

Bulls say / Bears say

H1 2026 property operating revenue rose 3.3% year-over-year to €229.6 million at constant exchange rates, demonstrating resilience in a challenging macro environment. (Reuters)
As of June 30, Shurgard’s net debt to underlying EBITDA remained a conservative 6.5 times with loan-to-value at 23.7%, underpinning its capacity to fund expansion and acquisitions. (Reuters)
The secured development pipeline totals approximately 170,000 square meters, expected to deliver around €35 million of additional net operating income at maturity, bolstering medium-term growth prospects. (Reuters)
Management cut full-year 2026 revenue growth guidance to 3.5%–4.5% from the prior 6%–8% range, signaling slower-than-anticipated momentum. (Reuters)
Adjusted EPRA earnings per share fell 5.7% to €0.77 in H1 2026, reflecting margin pressure from elevated marketing and operating expenses. (Reuters)
Average occupancy slid to 83.6%, down 1.9 percentage points year-over-year, underscoring slower ramp-up in newer facilities. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.