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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.

Container Self-Storage Operator U Hold The Key to Launch Franchise in the UK

Apr 30, 2021

U Hold The Key, which operates 11 container-based self-storage facilities in Northeast England, has partnered with franchise consultancy Lime Licensing Group to expand its footprint across the United Kingdom through franchisees. A 15 percent...

India Valet-Storage Operator SafeStorage Expands Footprint in Bangaluru

Apr 29, 2021

Valet self-storage operator SafeStorage has expanded its footprint in its headquarters city of Bengaluru, India. The company now operates more than 30 warehouses in the municipality comprising 520,000 square feet. Its largest facility, on Soukya...

Padlock Partners UK Fund II to Go Public, Invest in Self-Storage

Apr 21, 2021

Padlock Partners UK Fund II, an unincorporated investment trust with interest in mixed-use and self-storage properties, has filed a preliminary prospectus for an initial public offering (IPO) in Canada. The prospectus qualifies the distribution of...

Canada Self-Storage Operator StorageVault Launches FlexSpace Logistics Platform

Apr 19, 2021

StorageVault Canada Inc., which operates 216 self-storage facilities throughout the Canadian provinces, has launched FlexSpace Logistics, an e-commerce platform designed to help small businesses store and manage inventory, and handle logistics for...

UK Operator Kangaroo Self-Storage Hires Chief Financial Officer in Preparation for Growth

Apr 14, 2021

Kangaroo Self-Storage Ltd. (KSS), which operates nine facilities in North West England and Scotland, has hired Bryan Lee as chief financial officer as it accelerates its growth plans. Lee will lead the company’s finance and IT functions...

The Storage One Develops Storage-Condo Facilities in Hong Kong

Apr 13, 2021

The Storage One (TSO), a self-storage condominium venture, has launched in Hong Kong. The company held an opening ceremony on April 12 at its first location, on the eighth floor of the Sang Hing Industrial Building at 81-23 Ta Chuen Ping Street...

Storage Vault of Scotland to Accept Bitcoin for Self-Storage Payments

Apr 09, 2021

Storage Vault Ltd., which operates 10 self-storage facilities throughout Scotland, is now accepting Bitcoin as a form of payment from customers. The cryptocurrency can also be used at CoVault, the company’s flexible-workspace division, according...

Attic Self Storage of London Launches eCommerce Accelerator Program

Apr 07, 2021

Attic Self Storage, which operates four facilities in London, launched an eCommerce Accelerator Program designed to help local entrepreneurs scale their enterprises. The program will provide select candidates with funding, free storage space and...

The Untapped Scandinavia Self-Storage Market: Flexistore Minilager Leads the Way Via Smart Technology

Apr 01, 2021

The self-storage industry is growing in Scandinavia, and so is the use of smart technology. Flexistore Minilager, with three facilities in Norway, is leading this untapped market, being the only fully automated storage operation in the region.

Norway-Based Self Storage Group Acquires 5-Property Dit Pulterkammer Portfolio in Denmark

Mar 30, 2021

Norway-based Self Storage Group ASA (SSG) and its Danish subsidiary, City Self-Storage A/S, have agreed to acquire the five-property Dit Pulterkammer Holding A/S self-storage portfolio in Denmark. The facilities, which include three locations in...