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Browne Jacobson advises on refinancing deal for Magenta Storage

Browne Jacobson has advised Magenta Storage Ltd on a DRC Capital backed refinancing deal to support the long term growth of the business.

01 February 2021

Browne Jacobson has advised Magenta Storage Ltd on a DRC Capital backed refinancing deal to support the long term growth of the business.

Browne Jacobson’s Mark Lewis (real estate) and James Busby (banking) advised Magenta Storage Ltd.

Headquartered in Oxfordshire Magenta Storage Limited provides secure, indoor self-storage space suitable for both business and private storage requirements with facilities in Acton (West London), Banbury, Nottingham, Oxford and St Albans.

DRC Capital is an independent investment adviser and recognised market leader focusing on the commercial real estate debt sector in Europe.

Mark Lewis, said:

"This transaction is a significant chapter in the growth of the Magenta Group and we are delighted to have assisted this valued client with this positive step forward during these uncertain times."

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