Key findings of the Self Storage Survey 2016

ssa-ukEach year the Self Storage Association UK (SSA UK) combines data from industry reports and public sector reports to determine trends in self storage. Upon reading the full report you can learn about the performance of the industry in the past and find out up to date information about the demand factors, how the industry is growing and what it’s worth.

Some of the key findings include:

  • In 2016, Europe has 2,746 self storage facilities totalling 7,776,000 square metres of space, up 6% and 4% respectively from 2015
  • 39% of facilities are in the UK and nearly 85% of the facilities are in six countries
  • The average amount of storage per capita is 0.016 square metres with the UK, the Netherlands and Iceland having three times this level
  • The average size of facility is 4,168 square metres, although they range in size from less than 2,000 square metres to over 6,000 square metres
  • The average rent is €255 per square metre and average occupancy has increased from 78% to 80% in the last year
  • The ten largest brands across Europe represent over 25% of the total number of facilities
  • There have been around €500m of transactions over the last 12 months and an increase of 25% on the previous 12 months