Self Storage Real Estate – Industry Performance

This article is part of a series covering the self-storage industry, a sub-sector of the commercial real estate investment banking market. This article will present the overall performance of the self-storage industry. Included in the report is a discussion of the main external drivers that impact the industry, the current performance over the past five years, the industry outlook as well as the life cycle of the industry. Key External Drivers Population is a key driver that influences the growth of storage facilities. An increase in population directly impacts the development of apartments and smaller homes, resulting in a higher demand for self-storage. Self-storage companies capitalize on the growth of populations to increase revenue.[1] Rental vacancy rates can determine the revenue of the self-storage industry. A decrease in rental vacancy rates has the potential to increase industry revenue since more households rent apartments and demand more storage space.1 Source:…

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