Category: Self Storage News

Heitman Acquires Majority Stake in Swedish Self-Storage Operator [United Kingdom]

Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a majority stake in the third largest self-storage operator in Sweden – Servistore. The business has 31 sites (25 operational and 6 due to open) across 14 cities. It encompasses over 4,000 units, spanning a total of 330,000 square feet of storage space. This transaction, made on behalf of Heitman’s European value strategy, allows the firm to continue investing in the rising global demand for self-storage. It follows the firm’s previous self-storage platform acquisitions across…

Ready Steady Store Receives Feefo Platinum Trusted Service Award 2025 [United Kingdom]

Leading self-storage provider, Ready Steady Store, has received the Feefo Platinum Trusted Service Award after being recognised for consistently delivering a world-class customer experience. Following the pandemic, consumer confidence has continued to grow back slowly, but there is still an element of caution surrounding consumer spending. Because of this, businesses that maintain service excellence and weave in a customer advocacy strategy will continue to stand out, with this award celebrating brands that are delivering standards that go above and beyond. Working with over 6,500 brands, Feefo is the world’s largest…

Kangaroo Self Storage Acquires Storage Sites and Expands Into the Midlands [England]

Kangaroo Self Storage has taken a leap forward in its ambitious growth strategy that sees the company gain a strong presence in the Midlands. The self-storage company has acquired the Nottingham, Hanley and Tunstall sites owned by Jumbo Self Storage. This transaction was funded by both equity from Kangaroo Self Storage and debt through HSBC. The acquisition creates a link between the company’s six facilities in the North West of England and its recently acquired site in Grimsby. Together, the three sites add a further 87,000 sq ft of Maximum…

TPG and Pinewood owner Aermont and Shurgard Submits Non-Binding Offers for Access Self Storage [United Kingdom]

TPG, Aermont and Belgian-listed Shurgard are among the parties which tabled non-binding offers earlier this week for Access Self Storage, Sky News understands. A pack of bidders are circling Access Self Storage, a privately held network of sites which has been put up for sale for more than £1 Billion. Sky News understands that the private equity firms TPG and Aermont, the latter of which owns a controlling stake in Pinewood Studios, and Belgian-listed self-storage group Shurgard are among the parties which submitted non-binding offers for Access earlier this week.…

Storage Den Expands With Popular New Drive-Up Self-Storage Units in Bridge of Don, Aberdeen [Scotland]

Storage Den, a new self storage company which started trading in March 2024 and based in Bridge of Don, has recently expanded its services with the addition of several bespoke external drive-up units. This new offering complements its existing range of internal keyless self storage units and have quickly gained popularity among businesses and house movers. The new external drive-up units, designed with ease of access and internal lighting, provide a convenient storage solution that has resonated well with customers. Owing to its practicality and user-friendly features, these units have…

Cuboid Offers New Launchpad for Startups: Business in a Box

Cuboid, a spin-out of leading property giant FI Real Estate Management (FIREM), has announced the pilot launch of a new product, Business in a Box, offering startups and SMEs the opportunity to have their own self-contained business unit. The Business in a Box product is a 160 sq ft two-storey container, with an office space on top, fitted out with electricity, heating, power points, lighting, windows, flooring and insulation, ready for businesses to get up and running from the off. The product aims to offer companies a more cost-effective, flexible…

Pink Storage Opens New Storage Units in Stoke-on-Trent [England]

A derelict scrubland that once was used as a makeshift camp for the homeless has been transformed as part of a giant new storage facility. The notorious Yak Yak Land was cleared after being at the centre of repeated anti-social complaints. It had been set up by rough sleepers in a wooded area off North Street, Stoke, and bordering the A500. But the land is now completely unrecognisable after it was taken on by Pink Storage, which provides 60,000sqft of self-storage units to hire. As well as Yak Yak Land,…

Admirals Yard Self Storage Buys Land For New Facility, Expected to Open in the Summer of 2025, in Workshop [England]

A deal has been secured for an acre of land at the multimillion-pound Vesuvius development in Worksop to enable the creation of a secure storage facility. The land has been sold to Admirals Yard Self Storage. The facility will offer a range of drive-up unit sizes and is expected to open in the summer of 2025. Chief executive Rob Sadler said: “Admirals Yard Self Storage has facilities nationwide and is delighted to be adding the Vesuvius site to its portfolio.” CEG has also let a £2m contract for the highway…

Storebox and LOVESPACE Merges to Form Spectrum Storage Group – Largest Omnichannel Self-Storage Business in the UK

A merger between Storebox and LOVESPACE has launched the Spectrum Storage Group which the companies describe as the UK’s ‘largest omnichannel self-storage business’ with additional operations in the Republic of Ireland and the United States. Spectrum Storage Group is set to offer a comprehensive range of solutions, including doorstep collection and delivery, drive-up container storage, and premium indoor options. By combining the extensive real estate and technological capabilities of both companies, this merger creates a unique synergy that sets a new standard in the storage sector. Nick Crawford, Co-CEO of…

Two South Wales Storage Businesses Announce Merger to Drive Growth and Funding Opportunities

Cardiff-based blue self storage Ltd (bss) and Maltings Document Storage Solutions (MDSS) have announced their merger to create a new entity branded as ‘Blue Storage Group’, while continuing to operate under the existing brands. While both companies operate profitably and sustainably, the markets in which they operate are changing rapidly with the emergence of new digital technologies. Becoming a larger entity will allow greater investment in new systems and processes, and both companies to take advantage of new funding opportunities, grow operations and scale up geographically. blue self storage is…