Bridges Ventures buys UK serviced package for €115m

Fund manager Bridges Ventures has agreed to buy the Evans Easyspace portfolio of 50 business centres from serviced office provider Regus for £84 mln (€115 mln).The Evans Easyspace portfolio comprises 50 properties, which are run as serviced office centres, light industrial/workshop units and self-storage. The portfolio is spread across the UK, with a concentration in…

Boom in self-storage in Singapore

AsiaOne news networks reports that Rising affluence and shrinking living spaces have lead to more people keeping their belongings in storage. Four major players dominate: Extra Space, Lock+Store, StorHub and Store Friendly. Together, they account for 32 of the total self-storage facilities and supply about 83 per cent of the total number of self-storage units…