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PGIM Real Estate and Pithos Capital enter the French self-storage market

These two players have just launched a joint venture in France to acquire and reposition self-storage assets.
(Adobe Stock)
(Adobe Stock)
Business Immo
December 12, 2024 | 9:33 AM

Translated from French.

PGIM Real Estate and Pithos Capital have just launched a joint venture in France to acquire and reposition self-storage assets. The aim of this JV is to build up a portfolio of self-storage assets in regional clusters through the acquisition and repositioning of existing assets, the conversion of obsolete assets from light industry and small distribution, and new developments.

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