Half Year Results 

Safestore benefits from supply constraints

Safestore benefits from supply constraints

When your company is in the right place at the right time, perhaps you start to worry a little less about stretched valuations. Back in January, we suggested that trading on a 43 per cent premium to forecast net asset value (NAV), shares in Safestore (SAFE) were hardly at an attractive entry point. But after a strong six months trading to April 2018, the shares are now at a 57 per cent premium.

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