Last Updated on: 29th April 2025, 05:18 pm
In a significant move within the UK’s storage industry, Flexiss Group and Compound Real Estate have revealed a strategic partnership valued at £300 million. Their joint goal: to deliver a new wave of high-quality, self-storage facilities across London and the wider M25 corridor under the Comporter Portfolio banner.
The collaboration has already made swift progress, with five landmark locations secured and two more sites currently under offer. Once completed, the portfolio will exceed 500,000 sq ft of Net Lettable Area (NLA), targeting premium, densely populated catchments. Combining state-of-the-art design with a strong emphasis on environmental and digital innovation, the scheme aims to elevate standards within the sector.
All Comporter locations will operate under the SureStore brand, widely recognised for its customer-first philosophy and advanced tech solutions. Sites will feature digital entry through smartphone access and cloud-integrated security systems. Each facility will be developed to achieve BREEAM Excellent or Outstanding ratings and will operate with a Net Zero Carbon footprint from day one.
High-profile initial locations include a prominent site near Ladymead Retail Park in Guildford and a central site on Peckham Road in London—both chosen for their visibility and growth potential. The first openings, including Tunbridge Wells and Milton Keynes, are slated for 2025, while further rollouts in Barnet, Guildford, and Peckham are planned by 2027.
Mike Wilson and Andy Wood, Co-Founders of Flexiss Group, said: “The Comporter partnership with Compound Real Estate enables further expansion of the Flexiss Group and the SureStore brand into London and the South East. We look forward to delivering and operating these prime assets.”
Jacob Sandelson, Founding Principal at Compound Real Estate, said: “Our partnership with Flexiss Group enables a continuous focus on quality across the land, development and operational process as we look to simultaneously deliver one of the largest privately held portfolios in the UK and establish a new benchmark for asset quality.”
