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Martin’s Properties of England Launches Cactus Self Storage Development/Investment Platform

Martin’s Properties, a family-owned real estate company operating in London and South England, has launched Cactus Self Storage, a wholly owned and funded platform through which it intends to acquire and develop facilities across South and Southwest England. The company also named Graham Gunn as head of operations, according to a press release. Construction on Cactus’ first purpose-built self-storage facility at the corner of Abingdon Road and Hadden Hill in Didcot, England, begins this month, with an expected opening in the first quarter of 2027. It’ll offer more than 300…

Padlock Euro Storage Fund I Announces Closing of Portfolio Sale and Declaration of Special Distribution

Padlock Euro Storage Fund I (the “Fund”) today announced that it has closed the previously announced transaction pursuant to which QR CS Padlock LP, an affiliate of QuadReal Property Group (the “Purchaser”), indirectly acquired the Fund’s portfolio of 27 self-storage and mixed-use properties located in the United Kingdom (the “Transaction”) in accordance with the terms and conditions of a sale and purchase agreement (the “Purchase Agreement”). The Fund also announced that, in connection with the closing of the Transaction and consistent with the distribution framework detailed in its December 19,…

New Self-Storage Business to Open New Facility in Shropshire [England]

Midlands firm Beyond Storage is set to open its first Shropshire site this April, at the former Rea Valley Tractors site in Newport. Herefordshire-based Beyond Storage is set to open its new self-storage warehouse in Newport in April. The new business will be located on the former home of Rea Valley Tractors on Audley Avenue. The Shropshire firm announced it would be closing down its branch on Audley Avenue in November 2024 as part of what the company described as “continued efforts to strengthen and optimise its operations” across Shropshire…

Self-Storage Business Expands With Coventry Buy – Supported By PKF Smith Cooper

A Midlands self-storage company has expanded with an acquisition supported by PKF Smith Cooper. Storagely, a relatively new entrant to the market, has purchased U Can Store It – Coventry, adding to its sites in Dudley and Preston. The acquisition of U Can Store It – Coventry marks the first step in Storagely’s growth plan to establish itself as a key regional player in the self-storage market. The Corporate Finance team at PKF Smith Cooper acted as lead adviser to the shareholders of Storagely. Jack Dunn, finance director at Storagely,…

Storage Giant Opens New Storage in Kidderminster [England]

Storage Giant has moved into Kidderminster with the opening of its latest store. The Kidderminster location is the 16th self-storage and office rental facility in Storage Giant’s roster. The Ratio Park site offers more than 500 self-storage units ranging from small lockers to 500 sq ft units suitable to house a business. Simon Williams, founder and managing director, said: “Our expansion to Kidderminster exemplifies our ambitious growth plans in action, with our latest plans to bring low-cost storage solutions to businesses, house-movers, students, and private customers looking to free up…

Self-Storage Firm Invests £0.5M to Expand its Self-Storage Site in Poole [England]

A family-owned storage business is spending more than £500,000 to grow its Poole facility by a third as demand continues to spiral. Store & Secure, which opened in Hamworthy four years ago, is to add hundreds more units to meet a growing need for space from both domestic and business customers. The business is run by sisters Lucy and Sophie Maidman, who have named its Poole base Joyce House after their late mother. Lucy Maidman said: “We opened four years ago and the 40,000 sq ft included hundreds of storage…

Cinch Self Storage Opening Soon on A4 in Chippenham [England]

Cinch Self Storage has put up a sign at the old Vauxhall garage off the A4 Bath Road in Chippenham promising that a large facility will be “opening soon” after plans were approved by Wiltshire Council. An application to demolish the former garage, which has been empty for years, and replace it with a three-storey storage facility was given the green light in January. Previous designs for the scheme would have seen a larger building constructed, but these were withdrawn and amended plans were submitted last April. Both the original…

SRA Ventures Acquires Industrial Estate with Plans to Refurbish Units and Develop New Self-Storage Hub in Dundee [Scotland]

SRA Ventures Limited has acquired a 2.5-acre multi-let industrial estate in Dundee, with plans to retain and refurbish two existing industrial buildings while also developing a new drive-up, modular self-storage facility on surplus land to the rear of the site. The acquisition includes Block 11 and Block 12 on Nobel Road within Wester Gourdie Industrial Estate, which SRA Ventures plans to refurbish and retain as modern industrial units with private yards. In addition, the company intends to develop around one acre of land at the back of the estate into…

Scottish Capital Announces £25 Million Investment in Lockup [Scotland]

Scottish Capital is delighted to announce a twenty-five million pounds investment in LOCKUP. LOCKUP is the latest brand investment from Scottish Capital, delivering 24-hour access, fully automated, drive-up lockups purpose-built for commercial customers. The investment in LOCKUP has funded the first site opened in Paisley this morning as well as high visibility sites in Cumbernauld, Dundee and Port Glasgow. Further sites will be announced in due course, and the plan is to expand the brand across the UK. LOCKUP is designed to simplify life for customers. At the heart of…

Lockerquest Increases Size of Thinventory Partnership Adding 1200m to Portfolio

Parcel locker location expert LockerQuest has more than doubled the size of its partnership with a leading delivery brand, helping property owners open new revenue opportunities. In two years, LockerQuest has significantly increased the portfolio of lockers installed with global provider of business to engineer field inventory networks Thinventory. In September 2023, LockerQuest had secured sites for Thinventory lockers measuring 1000m in combined width. Following extensive work, the combined width now totals 2200m. LockerQuest enables site owners to generate additional income by bringing lockers to unused or underutilised space and…