A cross firm team has advised H.I.G. Capital and Ducalian Capital on the refinancing of their established UK-based self-storage platform under the Titan Self Storage brand.
The new funding has supported the refinancing of nine high-performing assets, as well as a capex investment. The properties are located in affluent UK regions, each serving substantial catchment areas within a 15-minute drive.
The platform benefits from the expertise of Ducalian Capital, with over a decade of experience in scaling self-storage assets, and is backed by H.I.G. Capital, a leading global alternative investment firm with $70 billion of capital under management. All Titan Self Storage properties hold LEED Gold Certification, underscoring a commitment to sustainable development and environmental responsibility.
Gurinder Mann, Head of Real Estate Finance, led the transaction with the support from Alice Bucharova (Senior Associate, Real Estate Finance), Ash-I Knowles (Senior Associate, Real Estate Finance), Emma Magee (Associate, Real Estate Finance), Gideon Leibowitz (Trainee Solicitor, Real Estate Finance), Partner Rachel Kerr (Commercial Development & Investment), Abi Birchall (Principal Associate, Commercial Development & Investment), Ben Brazel (Senior Associate, Commercial Development & Investment) and Charlie Murray (Paralegal, Commercial Development & Investment).
Gurinder Mann commented: "We are delighted to have been able to support H.I.G. Capital and Ducalian Capital in achieving a significant funding milestone for Titan Self Storage as they continue to scale their platform and deliver best-in-class storage solutions across the UK."
Gowling WLG is home to one of the UK's largest real estate practices and our real estate finance practice is an integral part of its success. For further information, please visit our Real Estate Finance page.