{"id":2324,"date":"2024-10-23T10:31:59","date_gmt":"2024-10-23T10:31:59","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=2324"},"modified":"2024-12-12T15:09:47","modified_gmt":"2024-12-12T15:09:47","slug":"storex-self-storage-plans-to-open-sites-in-surrey-and-brent-england","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/storex-self-storage-plans-to-open-sites-in-surrey-and-brent-england\/","title":{"rendered":"STOREX Self Storage Plans to Open Sites in Surrey and Brent (England)"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/www.360architecture.com\/wp-content\/uploads\/2024\/03\/WATFORD_View01_240424PL-STOREX.jpg\" alt=\"Storex Self Storage - Threesixty Architecture\" width=\"609\" height=\"343\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">A storage unit operator is expanding with a \u00a330.2 million loan. <\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">STOREX Self Storage is opening sites in Surrey and Brent following backing from digital bank OakNorth.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Bosses say the bases in Sunbury and Cricklewood will deliver nearly 2,500 units of varying sizes and add to existing sites in Brentford, Watford and Loughton.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Jay Patel, associate director at global investment manager EQT Exeter, which oversees STOREX Self Storage, said: \u201cOur mission when we launched STOREX was to offer consumers and businesses a digital and sustainable storage solution.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">OakNorth demonstrated an in-depth knowledge of the UK\u2019s self-storage market throughout the entire transaction.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Greg Manson, director of debt finance at OakNorth, added: \u201cThis project emphasises our strong ambitions to do more to support the UK\u2019s self-storage industry.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The market continues to experience significant growth, driven by people who are reconfiguring homes to accommodate hybrid working or are unable to upsize.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">EQT has an impressive management team and reputation, and this transaction represented the perfect opportunity to become part of its growth journey.\u201d<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/bdaily.co.uk\/articles\/2024\/10\/23\/storage-firm-finds-302-million-room-to-grow\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Source<\/span><\/span><\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A storage unit operator is expanding with a \u00a330.2 million loan. STOREX Self Storage is opening sites in Surrey and Brent following backing from digital bank OakNorth. Bosses say the bases in Sunbury and Cricklewood will deliver nearly 2,500 units of varying sizes and add to existing sites in Brentford, Watford and Loughton. Jay Patel, associate director at global investment manager EQT Exeter, which oversees STOREX Self Storage, said: \u201cOur mission when we launched STOREX was to offer consumers and businesses a digital and sustainable storage solution. \u201cOakNorth demonstrated an&hellip;<\/p>\n","protected":false},"author":13,"featured_media":2326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2324"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=2324"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2324\/revisions"}],"predecessor-version":[{"id":2327,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2324\/revisions\/2327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/2326"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=2324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=2324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=2324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}