Cities
Self storage growing fast in Asia
Self storage assets are income resilient with high tenant retention and offer yields higher than logistics and multifamily assets in gateway cities in Japan, Australia and Hongkong. More operators are also looking to own rather than lease their premises. We expect self storage stock to grow around 50% in the next five years, mirroring the growth of online retail in the more mature cities of Japan, Australia and Hong Kong.
Research
October 07