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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.
The Port of Vancouver had a comeback year for cruise with a record number of ship visits in 2022 after a two-year pause of the industry due to COVID-19 pandemic restrictions.
Storebox Holding GmbH, a Vienna-based self-storage, warehousing and logistics startup, has raised €52 million in a Series B investment round to increase its presence and services across Europe. The company intends to expand its last-mile delivery...
Trying to pioneer self-storage in an up-and-coming market is one thing; having to adjust to big swings in business drivers is another. Read how Mr.[B] Self Storage has managed to grow and thrive in Central America, growing despite the industry’s...
The Storage Acquisition Group (TSAG), a commercial real estate firm that specializes in self-storage transactions, has hired Lloyd McDonald as director of Canadian acquisitions. The appointment will help the company extend its outreach to that...
Nick Keenan, a former general manager for BOCS Self Storage Ltd. in Colwyn Bay, Wales, was spared jail time after admitting to funneling more than £56,800 from the company to help fund a gambling problem. As part of his scheme, Keenan received...
Self-storage has been growing steadily across Southeast Asia for more than a decade. Read what’s driving the market, challenges industry professionals face, and how storage poised for a bright future in the region.
U.K. self-storage operator Big Yellow Group PLC has raised £100 million through a placement of 7.8 million shares to existing shareholders and new investors. The company intends to direct the proceeds toward £145 million in acquisitions, including...
Lock Stock Self-Storage, which operates 22 container-based self-storage facilities in Wales, is supporting Alabaré, a nonprofit that helps homeless and marginalized people, including veterans of the armed forces. The charitable organization...
Apple Self Storage, which operates 36 locations in New Brunswick, Nova Scotia and Ontario, Canada, and its affiliate Apple Suites received the Community Influencer/Leadership Award from the Aurora, Ontario, Chamber of Commerce. The companies were...
The owner of MyStorage, the first self-storage facility in Ho Chi Minh City, Vietnam, recently appeared on the reality-TV program “Shark Tank Vietnam” to request funding for business expansion, marketing and technology. The show features six...
Self-storage operator Safestore Holdings PLC, with locations in Europe and the United Kingdom, has released its interim financial statement for the first half of its 2021 fiscal year, which ended April 30. The company experienced growth in revenue...