Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a self-storage site in Galway, Ireland, further establishing their U-Store It business as the leading provider of self-storage facilities across the country. This transaction, undertaken in furtherance of Heitman’s global core plus focused strategy, reinforces Heitman’s conviction in the European self-storage market and the growth potential in Ireland in particular. This bolt-on acquisition follows the firm’s acquisition of the U-Store It self-storage platform in Ireland in 2022, a transaction driven by strong demand/supply fundamentals. The…
Day: October 21, 2024
Stracathro Estates Lodge Bid for 112-Container Self-Storage Site Near Brechin (Scotland)
The business hopes the East Mains of Keithock diversification would fill a gap in self-storage provision in north Angus. Stracathro Estates have submitted a diversification scheme to Angus Council which would see old farm buildings at East Mains of Keithock converted to house the new business. The site sits on the northern edge of Brechin, close to the Dundee to Aberdeen dual carriageway. And the estate says the creation of the new facility would fill a gap in north Angus. The nearest available site is in Montrose. There are a…