The Group's principal activity is to acquire, develop, own and operate storage facilities. It offers storage spaces and containers for lease, usually on a month-to-month basis, for personal and business use. As of 31-Dec-2008, the Group had interests in 2,012 self-storage facilities located in 38 states with approximately 127 million net rentable square feet in the United States and 181 storage facilities located in seven Western European nations with approximately ten million net rentable square feet. The Group is a fully integrated, self-administered and self-managed real estate investment trust.
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