Pocket Storage to Revolutionize Self-Storage in London with New Funding

Forum Partners, a global real estate investment firm, in collaboration with its portfolio company Pocket Storage, has successfully closed an initial round of funding aimed at launching an innovative self-storage platform. This platform targets ultra-urban markets in the U.K., starting with London, by repurposing underutilized urban spaces such as vacant retail areas and parking garages. The focus is on implementing a fully automated and proprietary booking system designed to overcome the traditional challenges faced by self-storage facilities in densely populated areas, such as zoning and space constraints. Pocket Storage's inaugural facilities are set to contribute significantly to the self-storage capacity in London, a city that currently lags behind the national average in this space. Future expansion plans include branching out to other global urban centers like New York City, Paris, and Tokyo. Forum Partners has a noted history of identifying opportunities in real assets, with over $7.7 billion capital deployed across multiple countries.