Author: Charlotte Tring

Successful Site Selection with Comprehensive Self Storage Market Data

The UK self storage market consists of a broad demographic, from one and two-store owners to large, multi-site operators like Safestore, Big Yellow, Access, Lok’n Store, Shurgard, Space Maker, Storage King and HSIL Property. Their brands and locations are widely recognized while smaller players tend to be privately owned and operate on a small-scale basis as local companies. The pandemic proved self storage to be a recession-tolerant industry, observing average price increases of £10.13 year over year. Paired with the fact that the UK is still relatively underserved at less…

Heitman Expands UK’s Oldest Private Self Storage Platform

Heitman LLC (“Heitman”), a global real estate investment management firm, has announced the acquisition of Rent-A-Space Shrewsbury, a high-quality UK self storage asset by an affiliate of Heitman. The investment marks the first acquisition expanding Space Station, a UK self storage platform that a Heitman affiliate acquired in late 2020, and is the platform’s first storage solution in the West Midlands region. The asset was purpose-built in 2016 and comprises approximately 58,000 square feet of net rentable area and is in the final stages of its lease-up. Upon acquisition of…

List Self Storage Expands to United Kingdom

List Self Storage (ListSelfStorage.com; “List”), the premier online platform for connecting buyers and sellers of self storage facilities, development land and conversion opportunities, has launched ListSelfStorage.co.uk to serve the growing property acquisition community in England, Scotland, Wales and Northern Ireland. List Self Storage is a product of StorTrack, the world’s leading self storage data provider. “The growth in demand in the UK is fueling increased investment and development in self storage, just as it continues to do in the US and elsewhere. List has proven success in connecting buyers and…