Published: 02 Oct 2015
Last reviewed: 11 Aug 2020

In this issue:

  • Focus on Finland:
    • Finland prepares for five years’ of belt-tightening
      • Finland’s economy has struggled with a decline in the important electronic, ship-building and paper industries. What about the self storage industry in Finland? 
    • Possibly an indirect bonus for Finnish self storage companies - as the need for storage increases the more the pressure increases upon living space?
    • New Information Society Code introduced in Finland
      • The Information Society Code (2014/917) (Code) – a new act in Finland on electronic communications, privacy, data security, communications, and the information society in general – took effect at the beginning of 2015.
  • Transactions Feature:
    • Stars align for self storage By Oliver Close of Cushman & Wakefield LLP
      • The last 18 months have seen a noticeable improvement in transaction activity for self storage assets with circa 98 sites sold in 13 separate transactions in Europe since the end of 2013.
  • Company Feature: 
    • Cityvarasto, Finland
      • Cityvarasto, the largest self storage company in Finland, broadens its shareholder base for future listing on the Nasdaq First North.
  • Enforcement of Intellectual Property Rights
    • Intellectual property rights (IPR) are a key driver for growth and innovation. Intellectual property isn’t just about copyright, but also about trademarks and patents, among others. All of these are vital to the value of Europe’s goods and services and contribute to the EU’s cultural variety.

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