International Self-Storage


  • Shares Drop for U.K.'s Big Yellow Self Storage
    According to an article on Forbes.com, shares in Big Yellow shed 1.7 percent after the self-storage group posted a 12 percent fall in first-half pretax profit, scrapped its interim dividend and said it continues to experience tough trading conditions. Citigroup says Big ...More
    November 19, 2008 Posted in News
  • Safestore Revenue Up
    Self-storage retailer Safestore posted a double-digit percentage revenue rise this year to Oct. 31, but said it will slow its expansion plans in light of the current economic uncertainty. Safestore, which operates in the U.K. and Paris, said turnover climbed by 11.3 percent ...More
    November 14, 2008 Posted in News
  • StorageVault Canada Buys PUPS Portable Storage for $1.33 Million
    StorageVault Canada Inc. entered into an acquisition agreement to purchase Canadian PUPS Storage Inc.’s portable storage business in Regina, Saskatchewan, Canada, for $1.33 million. StorageVault also entered into a master franchise agreement with Canadian PUPS ...More
    November 13, 2008 Posted in News
  • Lok'n Store Pulls Plug on Capital Expenditure
    Lok'n Store Self Storage plans to pull the plug on capital expenditure and run its business for cash until economic conditions improve. The company has 22 facilities across the Southeast England. Following the opening of its new facility in January, the group will have net ...More
    November 10, 2008 Posted in News
  • U.K.'s Metro Self Storage Awarded Grant for 57,000 Pounds
    Metro Self Storage Ltd. in Wales, United Kingdom, was awarded 57,000 pounds to expand on Brackla Industrial Estate. The grant was awarded under the Bridgend Counsel’s new industrial estates improvement program, which aims to help businesses improve their premises and ...More
    November 7, 2008 Posted in News
  • InStorage REIT Board Urges Rejection of Takeover Bid From Canadian Storage Partners
    In response to an unwelcome takeover bid issued from TKG-StorageMart Partners, the Board of Trustees of Canada-based InStorage Real Estate Investment Trust has unanimously recommended that unitholders reject the hostile offer. ...More
    November 4, 2008 Posted in News
  • SASSI Developing Several Self-Storage Facilities in South Africa
    SA Self Storage Investments (SASSI) is rolling out a number of new self-storage facilities throughout South Africa. The first new facility opened in July on the N14 on the West Rand of Johannesburg. The N14 self-storage facility forms part of an estimated R125 million ...More
    October 31, 2008 Posted in News
  • The Future of Canadian Self-Storage
    Although the credit crunch has created a pause in lending, the self-storage industry in Canada has remained healthy—occupancy and rental rates are climbing, and development is being absorbed. Operators are expected to begin focusing on building local portfolios. ...More
    October 25, 2008 Mike Foy Posted in Articles, Development, Finance
  • StorageMart Makes Play for Canada's InStorage REIT
    Last week, Columbia-based TKG-StorageMart Partners made an unsolicited bid to take over Canada-based InStorage Real Estate Investment Trust. ...More
    October 21, 2008 Posted in News
  • Police Seize $1.4 Million at Australian Self-Storage
    Fort Knox Self Storage has lived up to its name after a police swoop found $1.4 million in cash in the Australian self-storage facility. Officers also found 519g of heroin with a street value of $260,000 and a loaded 9mm pistol when they swooped on the Dandenong South ...More
    October 21, 2008 Posted in News