Safestore Holdings plc (SAFE), the UK self-storage operator, has announced that Non-Executive Director Laure Duhot has been appointed as a non-executive director of Elite UK REIT Management Pte. Ltd., the manager of Elite UK REIT, with effect from 10 November 2026. Elite UK REIT is listed on the Singapore Exchange Securities Trading Limited. The disclosure was made in accordance with UK Listing Rule 6.4.9(2), which requires listed companies to notify the market when directors take on external board roles. Investors will be watching for any further detail on how the appointment interacts with Duhot's existing responsibilities at Safestore.

Key Points

  • Safestore Holdings plc (SAFE), the UK self-storage real estate investment trust
  • Non-Executive Director Laure Duhot appointed to the board of Elite UK REIT Management Pte. Ltd., manager of Singapore Exchange-listed Elite UK REIT, effective 10 November 2026
  • No financial terms or remuneration figures were disclosed in the announcement
  • Investors should monitor whether further regulatory or governance disclosures follow from this cross-board appointment

Laure Duhot Takes on Non-Executive Role at Elite UK REIT Management Pte. Ltd.

Safestore Holdings confirmed on 10 November 2026 that Laure Duhot, who serves as a Non-Executive Director of the Company, has accepted an equivalent non-executive position at Elite UK REIT Management Pte. Ltd. This entity acts as the manager of Elite UK REIT, a real estate investment trust listed on the Singapore Exchange Securities Trading Limited. The announcement does not detail the specific responsibilities Duhot will hold in her new role, nor does it disclose any remuneration or time commitment associated with the Singapore board appointment.

UK Listing Rule 6.4.9(2) Triggers Mandatory Market Notification for Safestore

The notification was made pursuant to UK Listing Rule 6.4.9(2), which obliges UK-listed companies to inform the market when a director undertakes an external directorship. Safestore's compliance with this rule reflects standard governance practice for premium-listed groups operating under Financial Conduct Authority oversight. The company's Company Secretary, David Orr, is cited as the point of contact for further information, and the company's LEI code is recorded as 213800WGA3YSJC1YOH73. No board commentary or strategic rationale for the appointment was included in the regulatory notice.

Safestore's Board Composition and Cross-Border Real Estate Connection

Safestore Holdings is one of the UK and Europe's largest self-storage operators, with assets across the United Kingdom and continental Europe. The connection between a Safestore non-executive director and Elite UK REIT — a vehicle with UK real estate exposure managed from Singapore — may prompt governance-focused investors to assess potential conflicts of interest or information barriers. The announcement does not indicate that Safestore's board has identified any such conflicts, and no independent committee review or mitigation measure is mentioned in the disclosure.