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.
Demographic and economic factors across Asia are making self-storage more popular with local consumers and investors. Living space has shrunk across the continent as urban populations have densified, increasing the need for storage space. At the...
Self-storage operators in Europe have begun to rapidly adopt technological advancements designed to improve operational efficiency, increase customer convenience and enhance security, according to JLL Real Views, a news site that explores the...
Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., has released financial statements for the third quarter that ended Sept. 30. In general, the company showed gains in key...
Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., has acquired London-based ABC Selfstore for $62 million. The ABC portfolio includes three freehold properties in the London...
Parsons Containers Ltd., a U.K.-based provider of portable-storage containers that also operates self-storage facilities under the U Hold The Key brand, has secured an £825,000 investment from venture-capital firm Maven Capital Partners UK...