Storage Pulseindustry insights
Investment

Heitman acquires a majority stake in Sweden’s Servistore

The transaction covers an operator with 31 locations and more than 4 thousand self storage units.

Announcement date:

What happened

Heitman announced the acquisition of a majority stake in Swedish operator Servistore. At the time of the transaction, the platform comprised 31 locations — 25 operating and six in development — and more than 4 000 units.

Why it matters

An institutional investor’s entry into a platform with a dispersed network highlights the importance of consolidation in Scandinavia. Scale supports shared standards, centralised processes and further site acquisitions.

Sources

Sources checked: .

  1. Heitman — acquires majority stake in Swedish self-storage operator Servistore (checked )