COMPANY DESCRIPTION
GuardeAqui is the leading self-storage owner/operator in Brazil, providing temporary and long-term storage solutions to commercial and residential customers. With 23,000 square meters of leasable space, all of GuardeAqui’s facilities are well-located and built to the highest of international standards with excellent security, drive-through access, loading docks, information systems and customer support. The Company currently operates facilities in the Lapa, Liberdade and Santo Amaro neighborhoods of São Paulo and plans to open new locations throughout Brazil.

MARKET OVERVIEW
The self-storage sector in Brazil is currently small and generally non-professional, characterized by limited competition consisting largely of single-store operators with mixed-quality properties and insufficient capital for meaningful growth. Originated in the United States in the 1970s, self-storage has proven to be a highly resilient and scalable sector – there are approximately 50,000 self-storage facilities in the U.S. today. By contrast, there are approximately 50 facilities in all of Brazil, most of which are concentrated in São Paulo. The country’s macro drivers, such as increased household formation and consumerism and smaller apartments for the middle class, combined with increased verticalization, growth in small businesses and unrelenting bureaucracy, all point to an increasing need for flexible, safe and convenient storage solutions.