Mera Investment Management has completed a £7.5m bridging loan secured against an industrial warehousing and self-storage project located in Southeast England. The 18-month facility will allow the borrower time to complete sales and pre-lets across the site, which has attracted several large new occupiers. Plans include the expansion of the prominent lorry park in addition to the creation of self-storage facilities and warehousing. Edward Matthews, CEO of Mera Investment Management, said: “It is exciting to close this deal with a valued developer partner who I have had the opportunity to…
Day: June 24, 2025
Harrison Street Enters European Self-Storage Market in Joint Venture With Pacific Investments
Harrison Street, an investment-management firm focused on alternative real estate assets, has entered the European self-storage market through a joint venture with property-management firm Pacific Investments. Together, they plan to develop a £150 million portfolio over the next three to five years by targeting undersupplied areas across the United Kingdom, according to a press release. The partnership is projected to be seeded with three self-storage facilities comprising 138,000 square feet and a pipeline of ground-up and conversion development projects that have already been identified. Pacific’s majority-owned industry platform, Engage Management…