Shurgard Self Storage: Stable Business With Visible Growth Roadmap

  • I rate Shurgard Self Storage a buy due to its dominant scale in a fragmented European self-storage market and strong digital/customer advantages. SSSAF's visible growth pipeline, backed by a secured project pipeline and management guidance, supports robust EBITDA and revenue growth through 2029. The business model is resilient, with sticky, recurring revenue and high customer loyalty, translating to low-risk, stable cash flows for investors.