Hines, a Houston-based firm specializing in global real estate development, investment and property management, has entered the European self-storage market with the acquisition of a three-property portfolio in England. Located in Ashford, Chatham and Ebbslee, the facilities will be managed and branded by Storage King, which operates 43 locations in the U.K. Together, they offer 1,449 units, according to the source. “The nascent U.K. self-storage sector is propelled by long-term demographic and consumer trends likely to drive increased demand in the years to come, particularly in densely populated commuter towns…
Hines Enters European Self-Storage Sector With Acquisition of 3-Facility Portfolio in England
