We expect Self Storage Group to report Q4/20 EBITDA of NOK 49m, in line with latest Factset consensus of NOK 48m. Our estimated EBITDA growth of 18% Y/Y is driven by sales growth of 10% Y/Y, as the company has added more than 10,000 sqm of lettable storage space during 2020. We expect Q4/20 value adjustements of NOK 34m, supported by low interest rates and increased occupancy for facilities in operation for less than 12 months.
