Cell Finanzas advised a leading international sponsor on the arrangement of bank financing for the refurbishment of a self-storage asset in Madrid. This asset will be the first of a portfolio operated by a pan-European manager with UK origins.

Self-storage investment shows strong fundamentals across Europe, driven by increasing demand for storage space in urban areas. The sector has become an established asset class, underpinned by stable income and high operational resilience.

Spain stands out as one of the most dynamic self-storage markets in Europe, benefiting from low penetration levels compared to the UK, France and Germany, which offers attractive growth potential in urban locations.

Cell Finanzas successfully completed the first financing of a development self-storage portfolio, a transaction type that remains uncommon in the Spanish banking market.