Pink Storage Expands – With its Acquisition of StoreWise in Nottingham [England]

A Welsh-born self-storage company founded by Cardiff-based entrepreneur Scott Evans has invested £1.5m as part of its acquisition of a 102-unit facility in Nottingham. Pink Storage has acquired StoreWise for £1.1m, with an additional £370,000 being invested to upgrade the 1.3-acre site and add 150 new storage units. It will also bring the facility in line with Pink Storage’s technology-led standards. Now operating 16 sites across Wales, Pink is rapidly expanding into major cities in England as part of its mission to become the UK’s fastest-growing independent self-storage provider. The…

First Pocket Storage to Open in Historic Building in Bermondsey, London [England]

Pocket Storage, a U.K.-based vertically integrated owner and operator of self-storage properties, and Forum Partners, a leading global real estate investment and asset management firm, today announced that the historic Biscuit Factory in Bermondsey, London, will be the first site for their new technology-enabled self-storage platform that will deliver secure, convenient and fully automated self-storage facilities in ultra-urban markets in the U.K. “Our fully automated model allows us to price rents at a significant discount to the market average while ensuring a best-in-class customer experience,” said Max Wilson, co-founder and…