Saturday, November 23

Tag: self storage industry

How To Solve Your Storage Problems With Your Space
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How To Solve Your Storage Problems With Your Space

The self storage industry has a brief history in Asia as compared to mature markets in Australia,Europe and North America. United States alone holds a $24B business, and publicly traded self-storage companies have consistently outperformed the S&P 500. There are over 50,000 self-storage facilities in the US alone, totaling 2.3 billion square feet of storage space. Although well established in countries like Hong Kong, Japan, and Singapore, it is virtually nonexistent in Asia’s largest market like India. With the advent of cyber cities, and establishment of hubs, there is often a crisis of expected space for living that fits the budget. Also, there are times in an individual’s life when changes are happening fast and one needs to keep up without getting rid of their things that take ...