First quarter 2020 Revenue Results and update on COVID-19
(WorldNews Europe)

FIRST QUARTER 2020 REVENUE RESULTS AND UPDATE ON COVID-19 PRESS RELEASE Luxembourg, April 7, 2020 "Regulated Information" Shurgard Self Storage SA ("Shurgard" or the "Company") First quarter 2020 Revenue Results and update on COVID-19 January 1, 2020 to March 31, 2020 Strong Q1 revenue performance in all markets Very solid cash position with c. EUR200 million LTV at 17.2% as of March 31, 2020 Highlights: Q1 performance with strong results on property operating revenue (at CER) Property operating revenue for the quarter grew by 5.4% versus last year; o Same store property operating revenue growth for the quarter of 4.6%; o Same store average occupancy rate at 87.7%...