The Spanish Self Storage Association (Asociación Española de Self Storage, or AESS) will hold its annual conference on Oct. 25 in Barcelona. The program includes a tradeshow and presentations on topics such as “Best Technical Advice on Starting a Self-Storage Facility.” Event details can be found at AESS.es.
There has never been a better time to invest in self-storage in Spain, according to a press release by the AESS. Property is at all-time-low prices, and the market has continued to grow despite the economic downturn. Spanish operators have attracted investment dollars from Europe and the United States, as Spanish banks lack knowledge and understanding of self-storage, AESS said.
With a population of 46 million, most living in urban locations, Spain has only 40 self-storage operators with 100 facilities, mainly in Barcelona, Madrid and Valencia. Capital investment continues to be the biggest barrier to entering the Spanish market, according to the association.
AESS is part of the Federation of European Self Storage Associations. It is managed by Sandra Noy.