Category: Development News

Heitman Invests In Irish Self-Storage Platform U Store It

Global Real Estate Investment Firm Heitman has invested an undisclosed amount in an Irish self-storage business. Heitman said it has invested in U Store It and plans to help expand the self-storage platform across Ireland and Northern Ireland. U Store It has six locations across four cities: Dublin, Belfast, Cork, and Waterford, and has plans to develop two additional sites in Dublin and Belfast. Caleb Mercer, Heitman’s managing director of European real estate Investment, said: “We are pleased to invest in the U Store It platform and to work with…

Shurgard Self Storage SA : Obtains A Building Permit In Amsterdam Region

Shurgard Self Storage SA (“Shurgard”) – Shurgard obtains a building permit for a self-storage property in the Amsterdam region. LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage centers in Europe – has received a building permit for a new storage facility in Diemen Visseringweg (Amsterdam region, Randstad, the Netherlands). The new c.4,000 sqm building will offer over 550 self-storage units to the nearby residential areas and business customers. It is set to open in the first half of 2023. Shurgard has another three properties in its organic…

Big Yellow Group 1Q Revenue Boosted By New Store Openings

Big Yellow Group PLC said Thursday that revenue for the first quarter of fiscal 2022 rose 24%, boosted by recent store openings. The U.K. self-storage company said total revenue was 45.5 million pounds ($54.5 million) in the quarter ended June 30 compared with GBP36.6 million for the same period last year. Like-for-like store revenue for the same period rose 9% to GBP39.4 million. However, like-for-like occupancy on June 30 stood at 88.3% compared with 91% on the same date last year, the company said. It said the board will continue…

You Don’t Have To Leave Great Yarmouth To Get More Space

Unless you live in a house the size of Somerleyton Hall, it’s more than likely you’re going to struggle with space at some point. And there’s only so much you can fit into an overflowing loft or packed garage. Whether you need space for furniture following a house move, somewhere to store tools and equipment, or a place for all those bits and bobs that you just can’t bring yourself to throw away or sell, self-storage could be the answer. Ready Steady Store is a trusted, nationwide self-storage company with…

Swindon Debenhams Building Could Be Transformed Into Storage Space Under Plans

Swindon’s former Debenhams store could be turned into a 200,000 sq ft of storage place under new plans. A proposal has been submitted in a joint application by current owners Meadow Partners and inner-city self-storage operator StoreAway to repurpose the building. Under the plans, the now-closed department store would be replaced with 900 lockers inside the building. The building has been vacant since 2020. According to StoreAway, the acquisition would be part of a UK drive to transform more than a quarter of a million sq ft of redundant retail…

Plans For 100 Self-Storage Containers In Bangor

The city centre site could accommodate 67 of the larger containers and 33 of the small ones. One of the UK’s biggest container storage companies is hoping to develop a new site in the centre of Bangor. Lock Stock Self Storage has applied for full planning permission to place around 100 containers on land behind the West End, just off Euston Road. Applicant Stuart Bowker, operations manager of the firm, says in his application to Gwynedd Council, received on June 27, that the units would be for use by local…

Cheltenham Welcomes New Storage Concept StoreAway To Town’s Former Lidl

New self-storage operator StoreAway is transforming 34,000 sq. ft of redundant retail space in Cheltenham’s former Lidl supermarket on Grosvenor Terrace into a thriving storage hub. The site, which was originally built in the late 1970s, has been vacant for almost two years since the supermarket giant relocated to Swindon Road in September 2020. It has now been transformed to play host to 325 lockers and will open to the public on Monday, July 4th. The announcement comes as part of StoreAway’s disruptive plans to repurpose more than a quarter…

Storage Extension Approved For York Firm

Planners have approved the extension of a York storage company. Go Store, which began operations on Monks Cross two years ago, can extend its recently completed main warehouse by a further 163.5m2. It can also erect ten individual storage units in the northwest of its car park. A report by council planning staff said the extension would look similar to the existing 1,452m2 building, with the units ‘ garage-like’ in appearance, forming an l-shape in the car park. Their report said: “The proposal would make more efficient use of the…

Century Old Removals Firm Opens New Hub In Somerset

A long-standing family removals firm has opened a new purpose-built £2.8 million storage facility in Weston-super-Mare. Yeates Removals and Self Storage, which has been trading for 100 years, welcomed its first customers to the new four-four facility at Weston Gateway Business Park this week. The new premises serves both domestic and business customers and offers more than 300 self-storage units for short and long-term rental. The facility has been built to high environmental standards, has 24-hour access 365 days a year, the latest security systems, a business lounge, and plenty…

Hurstwood To Launch Self-Storage Brand In Wigan

Hurstwood Self Storage will make its debut with a 17,750 sq ft self-storage facility off Standishgate. Set on the site of a former nightclub, Hurstwood Self Storage will take over the basement, ground, and first floor of the vacant Bryan House. The upper floors of the six-storey building are set to be turned into 45 one-bedroom apartments. It will be the first foray into the self-storage market for the Manchester-based property investment and development company. Hurstwood is already planning to expand the self-storage brand and is looking to open sites…