Australasia

The self-storage market in Australia has changed, with occupancies declining, development slowing, and existing operators adjusting their business model accordingly.

The results of a nationwide survey of self-storage unit prices in Australia has been released by Brisbane, Queensland-based SpaceOut. The data reveals vast price variations within the Australian self-storage industry.

A property leased to Australian self-storage company National Storage was sold by APN Fund Management Ltd. to a Gold Coast investor for $3.85 million.

High-priced petrol and steel are slowing the Australian self-storage market.

Three case studies in Australia illustrate the differencesand similaritiesof effective self-storage security.

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...

Sydney, Australia-based Valad Property Group will sell its 50 percent interest in the $380 million portfolio it owns in a joint venture with Kennard Self Storage.