USS2’s UK subsidiary acquires 1st Storage

19th Mar, 2018 | Few mins to read

Gateshead

The Armadillo self storage group has acquired the 1st Storage business in England. 1st Storage comprises of two established self storage centres in the Newcastle upon Tyne area, England. The acquisition has been completed by the Universal Self Storage Trust No.2’s (USS2) UK Armadillo holding company. This latest acquisition brings to 22 the total number of self storage centres jointly owned by USS2 and Universal Self Storage Unit Trust No.1 (USS1) investment trusts, in conjunction with our UK partner Big Yellow Group.