Positivity in store for self-storage sector
Language: English Series: Property Week ; 78 (21) 25 May 2012, 36(1)Publication details: 2012Subject(s): Online resources: Summary: The self-storage sector continues to be resilient despite the challenging economic conditions. The Self Storage Association and Drivers Jonas Deloitte's 2012 annual survey shows some positive signs although the average rent fell slightly in 2011 to £12.06/sq ft. Average occupancy among mature facilities rose from 68% to 70% with business customers taking a higher share of occupied space (39%). Regionally London and the south still dominates in terms of share of floorspace. Currently there are 815 facilities in the UK and the 2011 UK turnover from 400 operators was £355m.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L156509 (Browse shelf(Opens below)) | 1 | Available | 156509-1001 |
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The self-storage sector continues to be resilient despite the challenging economic conditions. The Self Storage Association and Drivers Jonas Deloitte's 2012 annual survey shows some positive signs although the average rent fell slightly in 2011 to £12.06/sq ft. Average occupancy among mature facilities rose from 68% to 70% with business customers taking a higher share of occupied space (39%). Regionally London and the south still dominates in terms of share of floorspace. Currently there are 815 facilities in the UK and the 2011 UK turnover from 400 operators was £355m.