Our focus is now on undertaking our business plan including rebranding the properties, leasing of the remaining vacant space, the potential for development and extension at some of the assets and, if the right opportunities arise, further growing our self-storage portfolio. Nuveen Real Estate’s pan-European diversified value-add strategy has partnered with UK self-storage operator Storage King to acquire four properties.

Equipped with a large easy to empty 35L grassbox with full bag indicator, close to edge cutting deck, central height adjust, a rear roller to create stripe effect, and comfortable dual lever handles. Nuveen has partnered with one of the UK’s leading operators, Storage King, to leverage their operational expertise.The portfolio will be branded and managed by Storage King under its third-party management platform – Management 1st. Features a convenient full grass box indicator allowing you to easily see when the grassbox needs emptying. The large 30 litre grass box features a tongue design which makes it easier to remove and dispose of grass clippings and allows you to cut for longer without the need to stop and empty often.

Storage King forms part of Stor-Age, a self-storage property fund that owns a portfolio of 86 properties across the UK and South Africa.David Pearce, Fund Manager, Real Estate, Europe at Nuveen, said: “Over the last few months we have worked closely with our joint-venture partner, Stor-Age, to enter the UK self-storage market and this acquisition provides an excellent seed portfolio. Equipped with a large, easy-to-empty, 35Ltr grassbox with full bag indicator, close to edge cutting deck, central height adjust, a rear roller to create stripe effect and comfortable dual lever handles. When you rent a storage unit with us, you'll also get access to our free van hire service to help you move your items in. With zero hidden fees, our adaptable storage solutions will fit any budget, whether you need a storage locker in Maidstone for just a couple of weeks or a large warehouse for the long term. The partnership with Storage King has seen the parties enter into a joint venture, with Storage King taking a minority stake in the JV and contributing 10% of the equity capital.

Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.Storage King forms part of Stor-Age, a highly specialised property fund focused on the fast growing self storage sector which develops, acquires and manages high profile self-storage properties. Well-located and with excellent visibility and prominence, the four mature properties trade into dense residential and commercial areas, benefitting from excellent connectivity to transport links and infrastructure. Lightweight, this mower also features a convenient handle on top of the mower which makes it easier to carry to and from the lawn.