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Announced

Completed

Heitman completed the investment in U Store It.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Ireland

Acquisition

Cross Border

Private

Friendly

Single Bidder

Completed

Minority

self-storage

Storage Facilities

Synopsis

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Heitman, a real estate investment management firm, completed the investment in U Store It, a self-storage business. Financial terms were not disclosed. “We are pleased to invest in the U Store It platform and to work with its local team to continue to build a best-in-class storage option in the Irish and Northern Irish markets. Self-storage remains an appealing real estate sector, experiencing significant demand as a result of the growing storage needs of individuals and businesses," Caleb Mercer, Heitman Managing Director.

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