Pithos Capital is pleased to announce the successful acquisition of MyStore Self Storage Limited, an independent self-storage operator based in Witney, United Kingdom. The store will be operated by UK Storage Company, a leading national self-storage operator, a JV between investment funds advised by Davidson Kempner Capital Management, a global investment management firm, and PITHOS CAPITAL. This strategic transaction underlines the importance of the UK market for Pithos Capital.
MyStore represents Pithos Capital's fourth acquisition in 2024, underscoring the company's commitment to growth and expansion in the UK market. By adding this prominent Witney-based (Oxfordshire) facility to its portfolio, UK Storage Company enhances its network of locations and storage options, making it easier than ever for businesses, homeowners, and individuals to find secure, flexible storage solutions tailored to their unique needs.
About Pithos Capital
Pithos Capital is a Swiss-based dedicated real estate investment and self-storage management company with a pan-European presence. Pithos’ team has more than 20-year track record as both an investor and an operator. With a particular focus in self-storage, Pithos's portfolio includes self-storage assets and operations in Switzerland, United Kingdom, Spain and France. Pithos's capabilities extend to adjacent real estate verticals including logistics, light industrials, residentials, as well as investments in real estate operating businesses. Pithos Capital maintains corporate offices in Geneva, London, Paris and Luxembourg.
For more information, visit: www.pithoscapital.com Or contact us: contact@pithoscapital.com
About UK STORAGE COMPANY
UK Storage Company platform is one of the largest privately held self-storage operators in the UK owned in joint-venture by investment funds advised by Davidson Kempner Capital Management LP and operating partner Pithos Capital. It is headquartered in Bridgwater includes 30 self-storage facilities with a national footprint and a presence in most of UK’s largest regional cities including amongst others: Birmingham, Leeds, Liverpool, Leicester, Bristol, etc.
For more information, visit: https://www.ukstoragecompany.co.uk
Advisors
· Legal: Asfhords and Freshfields
· Financial and Tax: RSM
· Real Estate: Savills
· Technical: Hollis
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