Sirius Real Estate taps Shurgard executive for self storage growth

Published 06/02/2025, 09:34
Sirius Real Estate taps Shurgard executive for self storage growth

LONDON - Sirius Real Estate Limited, a prominent owner and operator of business and industrial parks in Germany and the U.K., has announced the appointment of Tom Lampard as its new Property Director - Self Storage. Lampard, who is transitioning from his role as Real Estate Director at Shurgard Self Storage (BS:SHURb), will join the BizSpace management board with a focus on expanding Sirius’ self storage operations in both the U.K. and German markets.

Lampard’s move to Sirius comes after his resignation from Shurgard in October last year. His experience spans over a decade, including a significant tenure at Lok’nStore Group plc, which Shurgard acquired in 2024. Upon completion of his notice period and contractual obligations, he will be tasked with driving the development of BizSpace’s self storage offering in the U.K. and spearheading new projects in Germany, such as the construction of new facilities in Berlin.

Sirius Real Estate, which currently manages over 30 self storage locations across the U.K. and Germany, sees a substantial opportunity for growth. The company has identified several potential sites within its existing portfolio for conversion to self storage, responding to clear market demand.

Andrew Coombs, CEO of Sirius Real Estate, expressed confidence in Lampard’s appointment, stating that his expertise in the self storage sub-sector is expected to significantly contribute to the company’s growth strategy. Coombs emphasized the potential for high yields in the self storage market and the alignment with the company’s portfolio strategy.

The strategic hire comes as Sirius Real Estate continues to focus on acquiring business parks and integrating them into its network of sites, which includes both Sirius and BizSpace brands. The company aims to enhance its assets to meet local market demands through intensive management and investment, with the potential to refinance or selectively dispose of mature assets to reinvest in new opportunities.

This latest development in Sirius Real Estate’s leadership team is based on a press release statement and marks a pivotal step in the company’s ambition to capitalize on the self storage market in the U.K. and Germany.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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