Self Storage Market Update 2019
Our latest Self Storage Market Update has revealed robust performance in the sector that remains the best performing asset class out of all UK REITs in terms of share price growth over the last year. Following over £250 million of transactions in 2017, the UK self storage market remained active in 2018 and continues to be highly fragmented with the four listed companies, comprising 18% of the total UK market.
These four companies, Shurgard, Big Yellow, Safestore and Lok’nStore, all remain focussed on growth and expansion, driven by M&A activity and the acquisition of new development sites, with a particular focus on London and the South East. This focus translated to a 5.58% increase in actual occupied space across the four companies, converting to over 1 million sq ft of additional occupied self storage space in 2018.
To find out more about the key updates over the past year, fill in the form below to download our research. If you have any questions, or would like to discuss the sector further, please do get in touch.