Safestore Holdings : SAFE

Research History

• 26 Apr 2024 8 min read

  QuotedData’s Real Estate Quarterly Review – First Quarter 2024

  Real estate quarterly report Desperately seeking a catalyst The real estate investment trust (REIT) and listed property sector seems to have been cut adrift and is desperately seeking a positive macroeconomic outlook on which investors can hang their hat and from which sentiment can grow. The first quarter of 2024 started as 2023 left off […]

• 12 Feb 2024 7 min read

  QuotedData’s Real Estate Monthly Roundup – February 2024

  Real Estate Roundup Kindly sponsored by abrdn Performance data January’s biggest movers in price terms are shown in the charts below. Investors seem to be taking a ‘wait-and-see’ approach to the real estate sector at the start of 2024, as inflation in the UK lags behind other developed economies and anticipated interest rate cuts may […]

• 22 Jan 2024 10 min read

  QuotedData’s Real Estate Annual Review – 2023

  Real Estate Annual Review Kindly sponsored by abrdn Things can only get better The real estate sector endured a tough 2023, with much of the year characterised by falling values amid the high interest rate landscape. Values have since stabilised across sub-sectors. Optimism returned in the final couple of months of the year, on promising […]

• 19 Jan 2024 9 min read

  QuotedData’s Real Estate Monthly Roundup – January 2024

  Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. A challenging 2023 for the real estate sector was rounded off on a positive footing, with a median average share price increase of 7.1% across the listed sector in December (down 6.3% in the […]

• 17 Oct 2023 8 min read

  QuotedData’s Real Estate Quarterly Review – Third Quarter 2023

  Real estate quarterly report Kindly sponsored by abrdn Chinks of light It has been another quarter of pain for real estate investment trusts (REITs) and listed property companies, with share price weakness continuing and average falls of 13.7% across the sector (as shown in the chart to the right). There are chinks of light appearing […]

• 13 Oct 2023 12 min read

  QuotedData’s Real Estate Monthly Roundup – October 2023

  Real Estate Roundup Kindly sponsored by abrdn Performance data September’s biggest movers in price terms are shown in the charts below. Investor sentiment towards property stocks continues to wane, with the median share price of REITs and listed property companies down another 2.4% over the month of September – and 14.8% in the year to […]

• 25 Apr 2023 8 min read

  QuotedData’s Real Estate Quarterly Review – First Quarter 2023

  Real estate quarterly report Kindly sponsored by abrdn Headwinds mount up The headwinds facing commercial real estate continued to mount up in the first quarter of 2023, reflected in an 8.9% average share price fall across the sector. Already reeling from the impact of higher interest rates on valuations, the collapse of Silicon Valley Bank […]

• 24 Jan 2023 10 min read

  QuotedData’s Real Estate Annual Review – 2022

  Real Estate Annual Review Kindly sponsored by abrdn The year the rug was pulled out 2022 will be remembered as the year that the rug was pulled from under the property sector. Having benefitted from decades of low interest rates, which had fuelled debt-ladened deals and piqued the appetite of global investors looking for more […]

• 05 Jan 2023 11 min read

  QuotedData’s Real Estate Monthly Roundup – January 2023

  Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. 2022 ended with another difficult month for property companies as the sector continues to get to grips with the impact of higher interest rates. There were several funds that performed well during December, however. […]

• 14 Oct 2022 8 min read

  QuotedData’s Real Estate Quarterly Review – Third Quarter 2022

  Real estate quarterly report Kindly sponsored by abrdn Choppy waters ahead High interest rates is a killer for real estate, and so the chancellor’s disastrous ‘mini budget’ at the end of September – which spooked gilt markets and saw interest rate forecasts for next year top 6% – had a catastrophic impact on the listed […]

• 06 Oct 2022 10 min read

  QuotedData’s Real Estate Roundup – October 2022

  Real Estate Roundup Kindly sponsored by abrdn Performance data September’s biggest movers in price terms are shown in the charts below. The real estate sector is facing the perfect storm. Fears that interest rate rises will be higher and faster as the Bank of England looks to quell inflation, exacerbated by the chancellor’s disastrous ‘mini […]

• 15 Jul 2022 8 min read

  QuotedData’s Real Estate Quarterly Review – Second Quarter 2022

  Real Estate Quarterly Review Kindly sponsored by abrdn Storm clouds gather Fears that a perfect storm is brewing has weighed on the real estate sector. Central banks’ move to raise interest rates to curb spiralling inflation has stoked concerns that investors will turn away from real estate to less risky alternatives, such as bonds. Meanwhile […]

• 06 May 2022 9 min read

  QuotedData’s Real Estate Roundup – May 2022

  Real Estate Roundup Kindly sponsored by abrdn Performance data April’s biggest movers in price terms are shown in the charts below. Fears of a looming recession meant April was a difficult month for property stocks generally. There were a few positive performers in share price terms, however. Leading the way was London office landlord and […]

• 09 Mar 2022 11 min read

  QuotedData’s Real Estate Roundup – March 2022

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data February’s biggest movers in price terms are shown in the charts below. The geopolitical uncertainty caused by the Russian invasion of Ukraine has hit markets hard. On the whole, the property sector suffered losses during February, but there were a few companies that saw […]

• 04 Feb 2022 7 min read

  QuotedData’s Real Estate Roundup – February 2022

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data January’s biggest movers in price terms are shown in the charts below. Perhaps reflecting optimism around the strength of the economy coming out of COVID restrictions, a shift to value stocks was triggered in January, with property generalists and retail-focused companies the beneficiaries. Hammerson […]

• 24 Jan 2022 10 min read

  QuotedData’s Real Estate Annual Review – 2021

  Real Estate Annual Review Kindly sponsored by Aberdeen Standard Investments Bouncebackability Over the course of 2021, the property sector certainly rebounded from the depths of the pandemic-induced slumps of 2020, with the average share price of listed property companies up 14.2%. That didn’t mean there were not some ups and downs along the way. The […]

• 06 Dec 2021 13 min read

  QuotedData’s Real Estate Roundup – December 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data November’s biggest movers in price terms are shown in the charts below. November ended under a cloud of uncertainty, with the discovery of the Omicron coronavirus variant threating a return of restrictions that have wreaked havoc in the property sector over the past two […]

• 08 Nov 2021 8 min read

  QuotedData’s Real Estate Roundup – November 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data October’s biggest movers in price terms are shown in the chart below. The best performing real estate funds in October were mainly sector specialists, however, the property generalists had a good month too, led by BMO Real Estate Investments. The company saw its share […]

• 09 Sep 2021 9 min read

  QuotedData’s Real Estate Roundup – September 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data August’s biggest movers in price terms are shown in the chart below. Traditionally a quiet month, August was anything but for property companies. While takeovers, IPO activity and large investment deals dominated the headlines, Tritax Big Box REIT continued its impressive performance. After reporting […]

• 06 Aug 2021 10 min read

  QuotedData’s Real Estate Roundup – August 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data July’s biggest movers in price terms are shown in the chart below. It was no surprise that GCP Student Living topped the table for best performing property companies in July after it received a takeover bid 30% above its share price during the month. […]

• 15 Jul 2021 8 min read

  QuotedData’s Real Estate Quarterly Review – second quarter 2021

  Value hunters boost property The easing of lockdown restrictions throughout the quarter saw property companies stage somewhat of a comeback from the depths of the pandemic, despite ‘freedom day’ being delayed into July. The potential for an economic bounce in the second half of the year is growing and generalist real estate investment trusts (REITs), […]

• 07 Jun 2021 14 min read

  QuotedData’s Real Estate Roundup – June 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data May’s biggest movers in price terms are shown in the chart below. Unsurprisingly, St Modwen Properties saw a big rise in its share price in May having received a cash offer for the business (logistics developments and a housebuilding arm) from Blackstone, valuing it […]

• 19 Apr 2021 8 min read

  QuotedData’s Real Estate Quarterly Review – first quarter 2021

  Lockdown cloud begins to lift The success of the vaccine rollout in the UK and the implementation of a roadmap out of lockdown saw the share prices of listed property companies – most of which had been decimated during the last year – make somewhat of a recovery. The economy is on firmer footing and […]

• 11 Feb 2021 6 min read

  QuotedData’s Real Estate Roundup – February 2021

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data January’s biggest movers in price terms are shown in the chart below. The UK’s vaccination programme has lifted optimism for a speedier opening of the economy than first feared at the start of the year. Property companies that reported positive valuation figures for the […]

• 22 Jan 2021 12 min read

  QuotedData’s Real Estate Annual Review – 2020

  Real Estate Annual Review Kindly sponsored by Aberdeen Standard Investments Riding out the COVID rollercoaster The 2020 rollercoaster saw more downs than ups and at times felt like a pandemic induced freefall. Lockdowns, tiers and plenty of U-turns meant investing in property was not for the faint hearted. Positivity returned at the end of the […]

• 17 Dec 2020 12 min read

  QuotedData’s Real Estate Roundup – December 2020

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data November’s biggest movers in price terms are shown in the chart below. The eagerly awaited news of a successful vaccine candidate came at the start of November, boosting the stock market. Property companies that had seen their share price battered over the past eight […]

• 16 Oct 2020 8 min read

  QuotedData’s Real Estate Quarterly Review – Q3 2020

  Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments Toughing it out It has been another challenging quarter for the real estate sector as the COVID-19 pandemic continues to take its toll. The economy bounced back in the early part of the quarter after the national lockdown was lifted, while government schemes such as […]

• 16 Jul 2020 7 min read

  QuotedData’s Real Estate Quarterly Review – Q2 2020

  Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments  A polarised lens The covid-19 pandemic continued to wreak havoc in the real estate in the second quarter, but a polarisation of sectors and funds has started to become apparent. Companies focused on the retail, leisure and hospitality property sectors had already seen huge negative […]

• 07 Jul 2020 12 min read

  QuotedData’s Real Estate Roundup – July 2020

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments  Performance data June’s biggest movers in price terms are shown in the chart below. Uncertainty caused by the covid-19 pandemic continued to weigh on property stocks in June and we had the first real casualty in Intu Properties, which collapsed into administration. A number of companies […]

• 10 Mar 2020 12 min read

  QuotedData’s Real Estate Roundup – March 2020

  Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments  Performance data February’s biggest movers in price terms are shown in the chart below. Property stocks tumbled in February as fears over the spread of Covid-19 spooked financial markets around the world and resulted in the largest sell-off since the 2008 financial crisis. There were just […]

• 07 Feb 2020 9 min read

  QuotedData’s Real Estate Roundup – February 2020

  Real Estate Roundup  Performance data January’s biggest movers in price terms are shown in the chart below. The sluggish start to the year for listed property companies is hardly surprising given they were coming off a high base after the “Boris-bounce” following the general election in December. Topping the list was Triple Point Social Housing […]

• 30 Jan 2020 12 min read

  QuotedData’s Real Estate Annual Review – 2019

   Property’s alternative theory The year was dominated by political and economic uncertainty, with Brexit negotiations casting a shadow over the market and the general election adding a further layer of doubt for much of the year. For a market that is staunchly aligned with political and economic sentiment, listed property companies and REITs performed well, […]

• 18 Sep 2019 7 min read

  QuotedData’s Real Estate Roundup – September 2019

  Real Estate Roundup  Performance data August’s biggest movers in price terms are shown in the chart below. The month of August has traditionally been a quiet period for news and announcements in the property sector, and this year is no different. Central London landlord Shaftesbury, which owns Carnaby Street as well as huge swathes of […]

• 22 Feb 2019 1 min read

  QuotedData’s economic roundup – February 2019

  QuotedData’s economic roundup – February 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]

• 07 Feb 2018 1 min read

  QuotedData’s economic round up – February 2018

  QuotedData’s economic round up – February 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]

News

• 16 Jan 2025 2 min read

  Safestore investing in growth

  Safestore says that over the year ended 31 October 2024, its EPRA NAV rose by 14.6% to 1091p from 952p, but adjusted diluted EPRA earnings per share fell by 11.7% to 42.3p. Revenue was flat at £223.4m The occupancy rate fell to 74.6% from 77.0% of the maximum lettable area (MLA). There is a 1% […]

• 27 Dec 2024 1 min read

  QuotedData’s morning briefing 27 December 2024 – SYNC, SAFE

  In QuotedData’s morning briefing 27 December 2024: Syncona Limited (SYNC) announced that its investment, Achilles Therapeutics, has sold its technology assets to AstraZeneca. Completion of this transaction signals the conclusion of its strategic review which was announced in September 2024. Achilles now plans to undertake additional measures, including a further reduction in employee headcount and […]

• 02 Apr 2020 2 min read

  Safestore to pay final dividend as stores remain open

  Self-storage owner Safestore has said it will pay its final dividend, with its stores fully operational. The company’s self-storage units are exempt from shutdown as they provide support to small business customers and companies engaged in key supply chains including healthcare, food industry suppliers and infrastructure support. Key trading performance indicators have seen relatively limited impact, the […]

• 14 Nov 2019 1 min read

  Safestore reports growth in revenue of 5.5% in a year

  Safestore, the self-storage specialist that has a portfolio in the UK and Paris, reported a 5.5% increase in revenues in a fourth quarter trading update. The company’s revenues for the full year to the end of October increased to £151.8m, from £143.9m last year. Occupancy across its portfolio, which comprises 122 sites in the UK […]

• 19 Aug 2019 1 min read

  QuotedData’s other news 19 August 2019

  In QuotedData’s other news 19 August 2019 – Acorn Income Fund has reported interim results showing its portfolio lagging the Numis Small Cap Index and the All Share. Acorn’s geared structure made up for some of the shortfall (the NAV return was 9.7% against 10.5% and 13.0% for the indices, respectively) and a narrower discount […]

• 22 Jun 2016 2 min read

  Space Maker deal immediately earnings enhancing says Safestore

  Following on from its announcement in March, Safestore says the condition necessary to acquire Space Maker Stores Limited has been satisfied and completion of the acquisition is expected by 29 July 2016. The acquisition is expected to be immediately accretive to Group earnings per share from completion and will support the Group’s future dividend capacity. […]

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