Auto Trader accelerates into car leasing sector with Vanarama acquisition
Auto Trader is set to take control of the Vanarama leasing business after agreeing a deal to acquire its parent business Autorama.
Source: am-online.com
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Auto Trader to buy Vanarama owner for up to £200m
Auto Trader has agreed to purchase Autorama for up to £200million in efforts to 'transform' its leasing business.
Source: dailymail.co.uk
Self-Storage Real Estate Acquisitions and Sales: March 2022
Here’s an overview of self-storage real estate acquisition and sales activity happening in March 2022.
Source: insideselfstorage.com
Pandemic fuels demand for, investment in self-storage facilities
In 2018 David and Beth Mesite paid $750,000 for Trackside Self-Storage in Plainville, seeing it as a good business for David to run into his retirement years. Offers to buy the 177-unit property have come pouring in recently, as the COVID-19 pandemic has caused storage demand to soar, increasing occupancies and investor interest in the facilities. “Just about every week I get one call, if not more,” Mesite said. “I just don’t listen to the offers. I purchased this as a long-term holding.”
Source: hartfordbusiness.com
Self-Storage Real Estate Acquisitions and Sales: February 2022
Here’s an overview of self-storage real estate acquisition and sales activity happening in February 2022.
Source: insideselfstorage.com