European self-storage operator easyStorage has secured a financing facility of up to £180m (€208m) from alternative credit manager Arini to support its UK expansion.
EasyStorage said the asset-backed facility will be used for its UK-wide expansion, supporting both the development of new containerised and drive-up storage sites and ”the acquisition of income-generating storage assets”.
EasyStorage, which currently operates 45 storage sites, said it has identified a pipeline across key UK markets and is ahead of its 2026 rollout target.
Tim Slesinger, CEO of easyStorage said: “This strategic financing marks an important milestone for easyStorage. Partnering with Arini provides us with the flexibility and scale of capital required to accelerate our growth across the UK while remaining true to our mission of making self-storage simpler, more accessible, and more affordable for our customers.”
Nabil Aquedim, head of real estate and asset-backed strategies at Arini, said: “We are proud to be the strategic partner of choice for Tim and his team at easyStorage, supporting the expansion of their footprint in the UK self-storage market.
“This transaction reflects the strength of our asset-based finance strategy and our proven ability to partner with high-quality businesses to deliver tailored financing solutions that support long-term growth.”
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