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ARTICLE · 19 MAY 2014

Self Storage: Getting The Real Estate Fundamentals Right

We have just launched the fourth Deloitte Real Estate survey of the self storage industry which we publish in conjunction with the UK Self Storage Association.

United KingdomReal Estate and Construction

We have just launched the fourth Deloitte Real Estate survey of the self storage industry which we publish in conjunction with the UK Self Storage Association. It is a fascinating industry - one that really brings together the fundamentals of real estate and business.

Those who are already in the industry seem quietly confident about the next few years. Occupancy is continuing to lift and there is a general optimism that rents will rise. They have both remained remarkably resilient during the recession - and despite rents having had a 20% hike following George Osborne's introduction of VAT to the sector in 2012. It looks like the survey next year will show rents on the move up.

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