Sydney deals lift self-storage operator’s Aussie portfolio to $420m
Larry SchlesingerReporter
StorHub, the Warburg Pincus-backed self-storage operator headquartered in Singapore, has grown its Australian portfolio to 11 sites – four of which are open – after acquiring three properties in Sydney for over $110 million.
The latest additions are in the suburbs of Homebush, Forestville and Revesby. Collectively, they offer more than 18,000 square metres of net lettable space and almost 2000 storage units.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
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