Russell-Cooke advises Shurgard UK Limited on £30m acquisition of two storage facilities
Russell-Cooke has advised Shurgard UK Limited, part of the leading pan-European self-storage group Shurgard, on the acquisition of two storage facilities in Manchester with a combined project cost of circa £30m.
The transaction comprised two elements: the first, a share purchase in respect of one site, which is to be redeveloped and provided as a ‘turn-key’ facility later in 2026; and the second, a business asset purchase in respect of the other site. The asset purchase completed on 22 October 2025, with the share purchase exchanging on 14 October 2025 with completion to follow on conclusion of the development.
The Russell-Cooke team that acted on the deal was led by real estate partner Chris Barkley and corporate senior associate Aashay Knights, supported by legal directors Laura Kennedy and Rachael Taylor, and associate Brooke Clark, with additional support from construction partner Pippa Beesley and planning legal director Joanna Crow.
It was a complex cross-practice deal, building on Russell-Cooke’s extensive experience advising on transactions within the industrial and storage market.
We were delighted to advise Shurgard on these additions to its UK portfolio. The transaction demonstrates the strength of our multi-disciplinary offering, and required us to draw on expertise from our corporate and commercial, real estate, planning and construction teams.
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If you would like to speak with a member of the team you can contact our real estate planning and construction solicitors; Holborn office (Email Holborn) +44 (0)20 3826 7523; Kingston office (Email Kingston) +44 (0)20 3826 7518; Putney office (Email Putney) +44 (0)20 3826 7518 or complete our form.
