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Moody’s Identify Strengths in U.S. Self Storage Sector in Latest Investor Report
“Self Storage Industry is poised for more growth”.
Moody’s have recently produced a special comment about the characteristics of the Self Storage Sector. The Report identifies strengths enjoyed by the industry that have resulted in continued performance improvement.
The U.S. has four Self Storage REIT’s that have traded strongly with improving N.O.I.
The mobility of the U.S. households has remained high, with many changing to multi-family housing (apartments) as a result of the shock to the housing sector.
In addition, there has been very little new storage development, and little new supply added to the market.
To read the entire report click here “Self Storage Industry Poised for More Growth”.
Author: Sam Kennard, Managing Director, Kennards Self Storage
Sam Kennard
Sam joined the Family Self Storage Business in 1991. He was appointed Managing Director in late 1994. In that time Kennards Self Storage has grown from 8 locations to over 95 today. The company is an active and specialised developer of property, focussing on expanding the Kennards Self Storage portfolio in Australia and New Zealand. Today, Kennards Self Storage is the market leading Self Storage Brand and industry innovator and employs over 230 people in Australia and New Zealand. The company remains a privately owned and family run business.
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One of the most unique features of Kennards Self Storage Caringbah is its boat storage spaces and drive-up storage units. With a dedicated outdoor area for boat storage, customers have 24hrs access for those early morning fishing trips or weekends away.
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A suburb with rich history and convenient self storage solutions
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When it comes to finding the perfect storage unit, Kennards Self Storage stands out as the ultimate choice for both quality and affordability.