Added to YB: 2026-09-16
Pitch date: 2026-09-14
SHUR.BR [bullish]
Shurgard Self Storage Ltd
Author Info
No bio for this author
Company Info
Shurgard Self Storage Ltd, together with its subsidiaries, engages in the acquisition, development, and operation of self-storage facilities for business and personal use.
Market Cap
EUR 2.3B
Pitch Price
N/A
Price Target
N/A
Dividend
5.18%
EV/EBITDA
15.26
P/E
7.31
EV/Sales
8.76
Sector
Specialized REITs
Category
value
The Monday Morning Briefing: Shurgard Self Storage Ltd - $SHUR.BR
SHUR.BR: Europe’s largest self-storage owner trades at roughly 43% of €54 per-share NTA despite a 23.7% loan-to-value ratio, €795M of liquidity and European storage’s only investment-grade rating. The base case—reaching 80% of flat NTA over seven years plus the covered 5% dividend—compounds at about 12% annually; the thesis argues that the 17 covering analysts overemphasize the guidance cut, while concentrated ownership makes a third-party takeover harder.
Read full article (1 min)