Boroughs & Burbs, the National Real Estate Conversation

Boroughs & Burbs 114 || Self-Storage in Real Estate

November 30, 2023 John Engel and Roberto Cabrera Season 3 Episode 114
Boroughs & Burbs, the National Real Estate Conversation
Boroughs & Burbs 114 || Self-Storage in Real Estate
Show Notes

Join us for Boroughs & Burbs podcast #114 this Thursday from 3 pm to 4 pm, where we delve into the explosive growth of the self-storage industry. We're excited to have two seasoned experts in the self-storage sector joining us for this insightful discussion: Geir Tellefsen from Flexistore, Andy Egerton from Ready Steady Store and Øyvind Olstad an International Real Estate Expert.

We’ll explore the current state of the self-storage market, which has been experiencing remarkable growth. With 14.5 million people utilizing self-storage in 2022, up by 970,000 since 2020, we'll delve into the factors driving the 3% to 5% annual surge in demand.

Our experts will shed light on the re-use of existing buildings, the increased adoption of self-storage websites, the role of self-storage software in more efficient budgeting, and the importance of security. We'll also discuss how changing urban lifestyles, urban migration trends, and the preference for renting over property ownership are all contributing to the self-storage industry's expansion.

Join us as we uncover the dynamics of this booming market and gain valuable insights from Geir Tellefsen, Andy Egerton and Øyvind Olstadon the future of self-storage. Don't miss this episode of Boroughs & Burbs! Share, Like and Subscribe.