Heitman has acquired All Seasons, a German self-storage platform based in northwestern Germany with portfolio locations in Oldenburg, Osnabruck, and Porta Westfalica.
Heitman acquired the platform in connection with its global-investment strategy, which focuses on long-term investment themes and smart diversification.
“We are pleased to acquire this platform, which is consistent with the thematic approach we are taking with our global investment strategy. Our long standing expertise in self-storage leads us to believe that investors in European self-storage can benefit from being early movers into the asset class as the sector matures,” said Gordon Black, Heitman senior managing director and portfolio manager. “As we continue to execute our global strategy, we’ll look to invest in accordance with three themes: divergence or smart diversification among traditional property types, convergence or capitalization of maturing or mispriced property types, and delinked