The number of self-storage sites has grown by more than 10 percent in the last year to 750 primary facilities, generating revenues of around £360m.
The growth in the amount of rental space available in 2008 remained consistent with the previous five years at around 8 percent. However, the market has further to grow, according to the report, as the
Awareness of self-storage is increasing as well due to wider trends such as family break-ups and downsizing. Nearly 50 percent of the population is now aware of the industry, up from 29 percent two years ago, the report said.
Continued Growth for Self Storage
Financing in the U.K. Self-Storage Market
Big Yellow Director Lowers Stake
SelfStorageTalk.Com: International Storage