The facility is projected to open during Q2 2021. Håndverksveien 2 will be operated under the City Self-Storage brand.

"The property is centrally located in Nordre Follo, with easy access and great visibility. With this new investment, we will strengthen our position in the Greater Oslo area. Håndverksveien 2 has a significant catchment area in a growing region with several new large housing projects. This acquisition is in line with our strategy to grow our freehold portfolio in selected markets. There is a growing demand for self-storage in Norway, as urbanization and smaller living spaces cause an increasing need for external storage solutions,” says Fabian Søbak, Chief Executive Officer of Self Storage Group.