Shurgard Europe Acquires Its Joint Venture Partners' Interests in 72 Properties for Euro 172M - Public Storage (NYSE:PSA)

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Shurgard Europe, a Public Storage (NYSE: PSA) European joint venture, 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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