Kuboid inEurope
Delivering self storage excellence across the continent
The European self storage market continues to grow.
It is predicted to achieve a CAGR in excess of 4% over the next 5 years. The industry has proven itself to be very resilient and performed favourably throughout the recent pandemic and turbulent economic times.
The continent itself has suffered from undersupply. Excluding the UK, there are 680 million people across Europe and approximately 4,350 self-storage facilities. The UK has a population of 67 million and approximately 4,350 self storage facilities. Comparing these statistics to the USA there are 336 million people and approximately 50,000 self storage facilities.
The European market remains fragmented, with the top 10 operators controlling just 25% of those facilities.
As investment continues to flow in, the industry is expected to consolidate, raising profitability throughout. Growth is expected to continue over the next few years, giving investors lots of opportunities to earn stable returns.
Sources:
Kuboid have been delivering self storage excellence across the continent for more than 18 years.
European Self Storage
Europe's self storage market has 6,929 stores in operation, totalling 13.9 million sq m in gross area
Record high occupancy rates of 81.5% were achieved in 2021. It has since remained stable with a small decrease.
An additional €546M in advanced transactions is expected to close, possibly leading to a fifth year of record volumes.
Revenue per square meter accrossEurope increased by 2% in 2024to €296.53
72%
of businesses expect profits to increase in the coming year.
92%
of businesses foresee no decline despite supply growth and economic uncertainty.
of survey respondents plan to implement AI in their businesses in 2024
Kuboid is the preferred partner for many new and existing operators across the continent.
Experienced in delivering facilities across locations and of differing scales, our team of skilled design and build experts provide tailor-made solutions alongside localised industry knowledge, to ensure your facility is successfully delivered and without compromise. With a reputation for building strong relationships with our customers across various geographies, explore our case studies below to hear first-hand how we were able to exceed their delivery and service expectations.
Kuboid is the preferred partner for many new and existing operators across the continent.
Case Study: Flexbox
Switzerland’s leading self storage provider partners with Kuboid for huge facility expansion. Read Flexbox case study.
Case Study: Bien Sûr
French operator chooses Kuboid over local alternatives to help with complex build. Read Bien Sûr case study.
