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Heitman acquires majority stake in Swedish self-storage operator, Servistore

Feb 24, 202510 months ago

Acquiring Company

Heitman

Acquired Company

Servistore

ChicagoLinköpingReal Estate InvestmentCommercial Real EstateProperty ManagementReal EstateReal Estate

Description

Heitman LLC, a global real estate investment management firm, has announced the acquisition of a majority stake in Servistore, the third largest self-storage operator in Sweden. This strategic move aligns with Heitman's European value strategy and reflects its continued investment in the rising global demand for self-storage. Heitman intends to leverage Servistore's focus on technology and aims to establish it as a market leader under its ownership.

Company Information

Company

Heitman

Location

Chicago, Illinois, United States

About

Heitman LLC is a global real estate investment management firm with nearly $50 billion in assets under management as of June 30, 2024. Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies. Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations, and corporations. Headquartered in Chicago, with additional offices in North America, Europe, and Asia-Pacific, Heitman’s 352 employees offer specialized expertise – from a specific discipline to local insight.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed