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What's behind the global self-storage boom?

Rising rents, e-commerce and available property are contributing to a boom in self-storage.

In the UK the industry made more than a billion pounds last year for the first time, according to a report from commercial property firm Cushman & Wakefield and the Self Storage Association. “There's massive amounts of money coming into the industry, which only means it's going to become more and more competitive, but at the minute, the demand is growing faster than the supply in the UK, which is incredibly exciting,” he adds. Back in Apple Storage in Toronto, we step into a large, brightly lit locker, tools hanging from the walls, two electric bikes suspended on work stands.

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