BlackRock backs $150m Perth deal in booming self-storage sector

BlackRock backs $150m Perth deal in booming self-storage sector

The transaction is just the latest in a run of big deals involving storage facilities, as major global funds tap into the sector’s potential to grow.

BlackRock buys WA KeepSafe portfolio in $165.5m deal

The global asset management giant has snapped up a portfolio of five self-storage facilities from Blackstone, via its StoreLocal brand.

Blackstone Sells Perth Self-Storage to BlackRock’s StoreLocal

Global investment managers continue to find gold in self-storage units, with StoreLocal, a mini-shed platform controlled by BlackRock, announcing on Wednesday that it has agreed to acquire a set of properties in Perth, Australia from entities controlled by Blackstone. StoreLocal... Read More>> The post Blackstone Sells Perth Self-Storage Assets to BlackRock’s StoreLocal for Over $101M appeared first on Mingtiandi.