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

PRIVATEFeb 24, 2025

Acquiring Company

Heitman

Acquired Company

Servistore

DenverLinköpingReal EstateReal Estate InvestmentProperty ManagementCommercial Real 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.

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Company Information

Company

Heitman

Location

Denver, Colorado, 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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Frequently asked

Who acquired Servistore?

Servistore was acquired by Heitman, based in Denver. The deal was reported on February 24, 2025. Heitman LLC is a global real estate investment management firm with nearly $50 billion in assets under management as of June 30, 2024. Heitman is privately held and operates in Real Estate.

When did Heitman acquire Servistore?

Heitman's acquisition of Servistore was reported on February 24, 2025. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Servistore do?

Servistore is the third largest self-storage operator in Sweden with 31 sites across 14 cities, encompassing over 4,000 units in 330,000 square feet of storage space. It is privately held, operating in Real Estate, and is based in Linköping.

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