Seneca launches Managed Storage EIS fund

The firm has been invested in the storage sector since 2014, working alongside the management team responsible for operating its current portfolio of storage assets. It said this team had identified the opportunity to acquire a number of freehold and/or long leasehold storage facilities to further expand the estate of storage assets it manages. According to Seneca Partners director and co-founder Ian Currie, the fund aims to provide people with "the ability to invest in this expansion while benefiting from both the tax reliefs available under EIS and the underlying asset value represente...