{"id":819,"date":"2021-12-07T12:02:04","date_gmt":"2021-12-07T12:02:04","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=819"},"modified":"2021-12-07T12:02:04","modified_gmt":"2021-12-07T12:02:04","slug":"heitman-acquires-3-property-all-seasons-self-storage-portfolio-in-germany","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/heitman-acquires-3-property-all-seasons-self-storage-portfolio-in-germany\/","title":{"rendered":"Heitman Acquires 3-Property All Seasons Self Storage Portfolio in Germany"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<em><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\">Global real estate investment-management firm Heitman LLC has acquired the three-property All Seasons Self Storage portfolio in Germany.<\/span><\/span><\/span><\/em><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\">The facilities are in Oldenburg, Osnabruck and Porta Westfalica. The purchase is in line with Heitman\u2019s global investment strategy and focus on smart diversification, according to company officials.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><em>\u201c<\/em><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\"><em>Our long-standing expertise in self-storage leads us to believe that investors in European self-storage can benefit from being early movers into the asset class as the sector matures,\u201d<\/em> said Gordon Black, senior managing director and portfolio manager for Heitman.<em> \u201cAs we continue to execute our global strategy, we\u2019ll look to invest in accordance with three themes: divergence or smart diversification among traditional property types; convergence or capitalization of maturing or mispriced property types; and delinked or defensive, which involves investing in assets with traits less tied to economic cycles.\u201d<\/em><\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\">Heitman entered the self-storage industry in 1996 and\u00a0currently manages more than $5 billion of assets worldwide. Its investment in the German market follows recent acquisitions in the United Kingdom.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><em>\u201c<\/em><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\"><em>Today, the European self-storage sector is nascent and fragmented, especially compared to the U.S. self-storage sector, and it offers opportunities to aggregate assets, consolidate platforms, and drive value via operational and financial synergies,\u201d<\/em> said S\u00e9bastian Cav\u00e9, managing director for Heitman in Germany.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\">Founded in 1966, Heitman has 10 offices worldwide and $46 billion in assets under management.<\/span><\/span><\/span><\/p>\n<p><strong><a href=\"https:\/\/www.insideselfstorage.com\/europe\/heitman-acquires-3-property-all-seasons-self-storage-portfolio-germany\"><span style=\"color: #000000;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\">Source<\/span><\/span><\/span><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global real estate investment-management firm Heitman LLC has acquired the three-property All Seasons Self Storage portfolio in Germany. The facilities are in Oldenburg, Osnabruck and Porta Westfalica. The purchase is in line with Heitman\u2019s global investment strategy and focus on smart diversification, according to company officials. \u201cOur long-standing expertise in self-storage leads us to believe that investors in European self-storage can benefit from being early movers into the asset class as the sector matures,\u201d said Gordon Black, senior managing director and portfolio manager for Heitman. \u201cAs we continue to execute&hellip;<\/p>\n","protected":false},"author":13,"featured_media":820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/819"}],"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=819"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/819\/revisions"}],"predecessor-version":[{"id":821,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/819\/revisions\/821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/820"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}