Heitman Launches Talli Drive-Up Storage in Nordics
The new platform will operate 15 drive-up self-storage properties across Finland and Sweden, formed from the acquisition of Talliosake Oy's rental business.
Updated on Nov. 10, 2026 in Commercial
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Heitman LLC, a global real estate investment management firm, has launched Talli, a Nordic drive-up self-storage platform, after acquiring the majority of Talliosake Oy's rental operating business. The initial portfolio comprises 15 properties, including 11 in Finland and 4 in Sweden, with Talliosake remaining a minority investor.
Why it matters
The platform reflects institutional investment in self-storage across Northern Europe, a segment Heitman has pursued since 1996. The develop-to-hold strategy aims to build greater scale and an improved customer experience in Finland and Sweden.
Heitman reports $49.1 billion in assets under management as of September 30, 2026, and has invested over $15 billion in self-storage since 1996. Talli's launch portfolio consists of 15 drive-up properties, but the transaction's financial terms were not disclosed.
The players
Heitman LLC
Heitman is a global real estate investment management firm founded in 1966, headquartered in Chicago with a European headquarters in London.
Talliosake Oy
Talliosake is a Finnish drive-up self-storage operator that has delivered more than 6,400 units across 230 properties in Finland and Sweden since 2010.
The details
Talli was established by acquiring the majority of Talliosake Oy's rental operating business on behalf of Heitman's European value strategy. Talliosake, which introduced its drive-up self-storage concept in 2010, remains a minority investor, and Talli is led by Talliosake's current management team with Heitman's support.
Timeline
2010: Talliosake introduces its drive-up self-storage concept.
2024: Heitman acquires the Servistore platform in Sweden.
November 10, 2026: Heitman announces the launch of Talli.
Commercial Context
Talli extends Heitman's self-storage investment program, which has deployed over $15 billion across 1,600 properties in 14 countries since 1996. The Nordic launch applies the same institutional model to a regional market through a develop-to-hold approach.
Drive-up units in the Talli portfolio will be available to customers in Finland and Sweden as the platform expands. Renters in those markets may see new storage options as the initial 15 properties and planned new units come online.
The takeaway
Institutional capital is increasingly flowing into niche real estate like self-storage, and Talli's develop-to-hold model shows how operators are building scale. Renters in Finland and Sweden should watch for new drive-up locations as the platform grows.
Further reading
For more on the sector behind this launch, explore Commercial real estate coverage.
Source note: This article includes information reported by AFP.
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