Self Storage Market News In March 2024, Singapore's StorHub, a leading self-storage operator, entered the Australian market with the launch of StorHub Australia, supported by a USD 300 million equity commitment. StorHub's Australian platform begins with five properties in Sydney, Melbourne, and...
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Inflated property prices also forced renters to consider relocation, often to smaller homes, giving rise to the need for self-storage to house additional belongings. “The housing affordability issue reached crisis levels even before the pandemic,” says Park. “Nearly all global gateway cities saw...