Shurgard Europe Acquires Its Partners' Interests

March 8, 2011

On March 2, 2011, Shurgard Europe paid Euro 172 million to acquire the 80% interests it did not already own in two joint ventures that own a total of 72 self-storage facilities (3.8 million square feet of storage space) in all seven countries in which Shurgard Europe operates. Public Storage provided the funding for the acquisition.

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