International

The self-storage industry continues to blossom around the globe as demand for the service drives growth. Maturing and new markets face a number of challenges including barriers to entry, consumer ignorance, lack of land or funding, and others. However, operators worldwide are finding a foothold and celebrate many successful business ventures.

StorTrack Launches MarketView Platform for the UK Self-Storage Market

Sep 21, 2020

StorTrack, a provider of market intelligence and related and services for the self-storage industry, has launched a market-data platform for the United Kingdom. Targeted at facility operators, developers and investors, MarketView Platform (MVP)...

Takhzeen, Bahrain’s Only Self-Storage Facility, Shifts to Solar Energy

Sep 15, 2020

Takhzeen, the only self-storage facility in Bahrain, intends to install a rooftop solar-panel system that’ll supply 100 percent of the property’s electricity needs and give energy back to the national grid. The project is in the permitting stage...

Shurgard Self Storage Commits to Zero-Carbon Electricity, Starting in 2021

Sep 15, 2020

Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., has strengthened its commitment to global sustainability by ensuring that 100 percent of its electricity usage across all...

Police Make Arrest in Oakville, Ontario, Self-Storage Break-Ins

Aug 28, 2020

Police have made one arrest and are seeking two other suspects in connection with several break-ins this week at Apple Self Storage in Oakville, Ontario, Canada. A man and woman entered the property at 700 Third Line at about 4 a.m. on Aug. 23...

Previously a Sleeping Giant, the Asia Self-Storage Industry Awakes

Aug 26, 2020

Asia is a vast, diverse region that’s difficult to define when it comes to self-storage. Learn why the future of the industry is bright in this area for those who are bold and bullish enough to take the plunge.

Learn How to Your Make Self-Storage Customers H-APP-Y in This Animation by Norway’s Flexistore

Aug 24, 2020

What do self-storage customers want? Convenience. When do they want it? Now! Norway’s Flexistore, which operates two locations in Oslo, is optimizing its user experience through an app-driven, automated business model. To bring its app to market...

SmartStop Self Storage REIT Reports Second-Quarter 2020 Financial Results

Aug 21, 2020

SmartStop Self Storage REIT Inc., a self-managed real estate investment trust (REIT), has released its financial statement for the second quarter, which ended June 30. In general, the company showed modest year-over-year gains in total revenue...

Canadian Self-Storage Operator Dymon Launches ‘Work Refined’ Co-Working Space

Aug 21, 2020

Dymon Storage, which operates 11 self-storage locations in Ontario, this week opened collaborative co-working space at its new flagship facility in Etobicoke, Ontario. The two-story “Work Refined” offering at 1460 The Queensway has its own...

UK Self-Storage Operator Lok'nStore Releases Pre-Close Financial Results for Fiscal 2020

Aug 21, 2020

U.K. self-storage operator Lok'nStore Group PLC has released pre-close financial results for its 2020 fiscal year, which ended July 31. Self-storage revenue increased 6.3 percent year over year. Overall occupancy was up 5.9 percent compared to the...

Shurgard Self Storage Releases Interim 2Q/H1 2020 Financial Results and COVID-19 Update

Aug 17, 2020

Update 8/18/20 – Shurgard has released interim financial results for the second quarter and first half of 2020. There were no changes from the preliminary report for either period with respect to operating-revenue growth at CER, same-store revenue...