Heitman Finalizes Development of Dublin Self-Storage Facility

LONDON--(BUSINESS WIRE)--Jul 10, 2025--

Heitman LLC (“Heitman”), a global real estate investment management firm, today announced completion of an approximately 150,000 square foot self-storage facility in Liffey Valley, Dublin. This development further establishes U Store It as a leading provider of self-storage facilities across Ireland. Heitman acquired U Store It in 2022, as part of its global core plus strategy, and has grown the business from six to nine assets across Ireland.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250710603716/en/

The new Dublin facility comprises more than 2,500 high-quality storage units designed to accommodate a range of personal, commercial and specialist storage needs, featuring high-quality amenities, ample covered loading areas and parking, a first-floor café and hot-desking office accommodation. Designed with a strong commitment to long term sustainability, the facility also features rooftop solar energy production and an eco-conscious roofing system.

“With supply historically constrained and operational capacity limited, we see value in Ireland’s self-storage market, which continues to benefit from shifting consumer behavior and growing demand for flexible space solutions,” said Tony Smedley, Managing Director and Head of European Private Equity at Heitman. “As we continue to scale our exposure to alternative sectors across European commercial real estate, we believe Irish self-storage stands out as a high growth opportunity with long-term potential.”

“This development is a strategic extension of our footprint in Ireland, capitalizing on the asset’s prime location near the city center and key residential neighborhoods,” said Gordon Black, Portfolio Manager of Heitman’s global real estate investment strategy.

Heitman has been investing in European self-storage since 2008. With the completion of the Liffey Valley facility, Heitman’s total self-storage footprint in Ireland is approximately 800,000 square feet, and its overall European self-storage portfolio totals 1.5 million square feet.

ABOUT HEITMAN:

Heitman is a global real estate investment management firm with USD 48 billion in assets under management as of March 31 st, 2025. Founded in 1966 and globally headquartered in Chicago, with European headquarters in London, Heitman has 10 offices worldwide and is an active participant in the global real estate property and capital markets. Heitman makes real estate investments through private equity, debt, and publicly-traded real estate securities.

Self-storage facility in Liffey Valley, Dublin, part of U Store It

SALT LAKE CITY (AP) — A shooting outside a church building in Salt Lake City killed two people and injured six others Wednesday, police said.

The shooting took place in the parking lot of a meetinghouse of The Church of Jesus Christ of Latter-day Saints, widely known as the Mormon church.

Dozens of people were attending a funeral inside at the time. All the victims were adults.

Police said they do not believe the shooter had any animus toward a particular faith.

“We don’t believe this was a targeted attack against a religion or anything like that,” Salt Lake City Police Chief Brian Redd said.

Police also do not believe the shooting was random. Authorities said no suspect was in custody.

About 100 law enforcement vehicles were at the scene in the aftermath, and helicopters flew overhead.

“This should never have happened outside a place of worship. This should never have happened outside a celebration of life,” Mayor Erin Mendenhall said.

The church was cooperating with law enforcement and was grateful for efforts first responders' efforts, a spokesperson said.

“We extend prayers for all who have been impacted by this tragedy and express deep concern that any sacred space intended for worship should be subjected to violence of any kind,” Sam Penrod said in a statement.

The church is headquartered in Salt Lake City, and about half of Utah’s 3.5 million residents are members of the faith. Churches like the one where the shooting occurred can be found in towns throughout the city and state.

The faith has been on heightened alert since four people were killed when a former Marine opened fire in a Michigan church last month and set it ablaze. The FBI found that he was motivated by “anti-religious beliefs” against the church.

Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (AP Photo/Hannah Schoenbaum)

Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (AP Photo/Hannah Schoenbaum)

Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)

People hug each other after a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)

Funeral attendees leave a meetinghouse of The Church of Jesus Christ of Latter-day Saints after a fatal shooting in the parking lot in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)

Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Rio Giancarlo/The Deseret News via AP)