PineBridge Benson Elliot completed the acquisition of a majority stake in Necesito un trastero.

PineBridge Benson Elliot, a real estate fund manager, completed the acquisition of a majority stake in Necesito un trastero, a self storage operator. Financial terms were not disclosed. “With an experienced management team, proprietary technology and a nationwide footprint, we believe Necesito un trastero is well positioned to enjoy accelerated growth and scaling of the business as demand drivers continue to propel this resilient sector. These strengths, alongside continuing growth in investor interest in self-storage, will support the business moving forwards," James Jakeman, PineBridge Benson Elliot Senior Partner.