A new report by Mintel Reports shows the U.K.’s self-storage industry has continued to grow despite the weak economy.
The report, completed for the Self Storage Association of the United Kingdom, shows the number of facilities in the United Kingdom increased in 2009 by 4 percent. The rate of growth, however, did slow from 8 percent to 15 percent from the previous five years.
One reason for the growth, according to the association, is the market is not as established in the United Kingdom as it is in other countries.
Source: Property Week.com, Growth of Self-Storage Industry Continues Despite Downturn