Self Storage Market Asia Pacific
The self storage market in Asia Pacific’s promising growth trajectory sets it apart from the rest of the commercial real estate market in Asia Pacific.
December 19, 2022
- Pamela Ambler
- Rohit Hemnani
- Sungmin Park
- Tom Woolhouse
- Bob Tan
The region’s relative resilient economic outlook and rapid urbanisation rate is likely to further spark the need for third party storage facilities. Though macroeconomic challenges loom as inflation concerns persist, the structural tailwinds influencing the sector and the ever-increasing awareness among both consumers and businesses will continue to drive demand for self-storage facilities. This growth trajectory is going to set this alternative sector apart from the rest of the commercial real estate market in Asia Pacific.
Download our report which highlights the major findings of the annual survey conducted by the Self-Storage Association Asia (SSAA) and analysis carried out by JLL’s Asia Pacific Capital Markets Research team.