{"id":2661,"date":"2025-07-10T14:11:53","date_gmt":"2025-07-10T14:11:53","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=2661"},"modified":"2025-10-10T14:59:08","modified_gmt":"2025-10-10T14:59:08","slug":"heitman-finalizes-development-of-self-storage-facility-in-dublin-ireland","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/heitman-finalizes-development-of-self-storage-facility-in-dublin-ireland\/","title":{"rendered":"Heitman Finalizes Development of Self-Storage Facility in Dublin [Ireland]"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<figure style=\"width: 1535px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" src=\"https:\/\/mms.businesswire.com\/media\/20250710603716\/en\/2519152\/5\/Heitman_Liffey_Valley.jpg?download=1&amp;_gl=1*1ciirgp*_gcl_au*Nzk1MzMzMzQ0LjE3NTAwNzA5NTQ.*_ga*ODg1MjI2Nzk5LjE3NDIyMDA3ODA.*_ga_ZQWF70T3FK*czE3NTI3NjE0NjgkbzI5JGcwJHQxNzUyNzYxNDcwJGo1OCRsMCRoMA..\" alt=\"\" width=\"1535\" height=\"1151\" \/><figcaption class=\"wp-caption-text\">Self-storage facility in Liffey Valley, Dublin, part of U Store It<\/figcaption><\/figure><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Heitman LLC (\u201cHeitman\u201d), a global real estate investment management firm, today announced the completion of an approximately 150,000 square foot self-storage facility in Liffey Valley, Dublin. This development further establishes U Store It as a leading provider of self-storage facilities across Ireland. Heitman acquired U Store It in 2022, as part of its global core plus strategy, and has grown the business from six to nine assets across Ireland.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The new Dublin facility comprises more than 2,500 high-quality storage units designed to accommodate a range of personal, commercial and specialist storage needs, featuring high-quality amenities, ample covered loading areas and parking, a first-floor caf\u00e9 and hot-desking office accommodation. Designed with a strong commitment to long-term sustainability, the facility also features rooftop solar energy production and an eco-conscious roofing system.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">With supply historically constrained and operational capacity limited, we see value in Ireland\u2019s self-storage market, which continues to benefit from shifting consumer behaviour and growing demand for flexible space solutions,\u201d said Tony Smedley, Managing Director and Head of European Private Equity at Heitman. \u201cAs we continue to scale our exposure to alternative sectors across European commercial real estate, we believe Irish self-storage stands out as a high-growth opportunity with long-term potential.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">This development is a strategic extension of our footprint in Ireland, capitalizing on the asset\u2019s prime location near the city center and key residential neighbourhoods,\u201d said Gordon Black, Portfolio Manager of Heitman\u2019s global real estate investment strategy.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Heitman has been investing in European self-storage since 2008. With the completion of the Liffey Valley facility, Heitman\u2019s total self-storage footprint in Ireland is approximately 800,000 square feet, and its overall European self-storage portfolio totals 1.5 million square feet.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: large;\"><b>ABOUT HEITMAN:<\/b><\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Heitman is a global real estate investment management firm with USD 48 billion in assets under management as of March 31st, 2025. Founded in 1966 and globally headquartered in Chicago, with European headquarters in London, Heitman has 10 offices worldwide and is an active participant in the global real estate property and capital markets. Heitman makes real estate investments through private equity, debt, and publicly traded real estate securities.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><i><u>Contacts:<br \/>\n<\/u><\/i><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Prosek Partners on behalf of Heitman<br \/>\n<\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><a href=\"mailto:pro-Heitman@prosek.com\"><u><b>pro-Heitman@prosek.com<\/b><\/u><\/a><\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250710603716\/en\/Heitman-Finalizes-Development-of-Dublin-Self-Storage-Facility\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Source<\/span><\/span><\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Heitman LLC (\u201cHeitman\u201d), a global real estate investment management firm, today announced the completion of an approximately 150,000 square foot self-storage facility in Liffey Valley, Dublin. This development further establishes U Store It as a leading provider of self-storage facilities across Ireland. Heitman acquired U Store It in 2022, as part of its global core plus strategy, and has grown the business from six to nine assets across Ireland. The new Dublin facility comprises more than 2,500 high-quality storage units designed to accommodate a range of personal, commercial and specialist&hellip;<\/p>\n","protected":false},"author":13,"featured_media":2662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,22],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2661"}],"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=2661"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2661\/revisions"}],"predecessor-version":[{"id":2664,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2661\/revisions\/2664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/2662"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=2661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=2661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=2661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}