Mitiska REIM and Storo launch next‑generation self storage platform in Portugal

Mitiska REIM, the specialist investor in European convenience real estate, has expanded its partnership with next‑generation self storage operator Storo to launch the brand in Portugal, marking the platform’s first entry into Southern Europe. 

Storo self storage facility

Supported by the MEREP 3 Fund, the initial rollout plan targets 10 sites in the Lisbon area and five sites across Porto and the Algarve.

Storo operates a fully digital, keyless self storage concept, offering app‑based booking, onboarding and unit access for both consumer and business customers. The operator currently has seven sites in Belgium with a combined 21,000 sq m NLA, and plans to at least double its Belgian footprint over the next three years.

For its Portuguese expansion, Storo will partner with an experienced local team led by Pedro Rodrigues, alongside Tiago Maré Dias and Ana Fragata, all former senior executives of a major national self storage operator. A first Lisbon‑area site has been secured and is in final due diligence, with two additional sites under negotiation and further opportunities under review.

Bart Rabaey, Chief Investment Strategy Officer at Mitiska REIM, said Portugal represents one of Europe’s most compelling self storage growth markets. “We see huge untapped potential, combining rising demand with one of the most undersupplied markets in Europe. We look forward to working with our highly experienced local partners to roll out the Storo platform across the country.”

Pedro Rodrigues, Managing Director of Storo Portugal, said the combination of Storo’s digital model and the local team’s expertise creates a strong market entry proposition. “We see significant opportunity in Portugal, and this partnership positions us to capture it.”

Jorinne De Bruyn, Managing Director of Storo, added that international expansion has been a core ambition. “Launching in Portugal marks a major milestone for Storo as we continue to scale across Europe.”