Asia’s Small Homes, Decluttering Drive Self-Storage Investments
- Investors eye potential in Asian markets after US success
- Private equity firms, pension funds are among global investors
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Expensive rents for small homes, increasing affluence and work-from-home practices in Asia have fueled demand for self-storage and piqued investor interest in the nascent sector, attracting capital from global private equity firms to pension funds.
These urbanization mega trends are giving institutional investors hope that Asia can achieve the success seen in established markets, such as the US self-storage sector that had grown to a whopping $29 billion.