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Heitman-backed Sunsuper completed the investment in Space Station.

Synopsis

Heitman-backed Sunsuper, an Australian superannuation fund, completed the investment in Space Station, a self-storage business. Financial terms were not disclosed. “Heitman has a global track record investing in self-storage, beginning with the sector’s infancy in the US and continuing through to its institutionalisation. European self-storage is now at a similar stage to the early inclusion of US self-storage in institutional portfolios. Investors stand to benefit from the growth of the sector in this region and through the implementation of value-creation strategies," Tony Smedley, Heitman Managing Director and Head of European Private Equity.

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