In this issue:
President’s report
Self storage in the Eastern European countries – Growing economies means opportunities for self storage
Focus on two Eastern European Operators
- Kangu self storage opens their 4th store in one in Warsaw on the 22nd of June this year. They hope to expand their network by opening new facilities in cities with more than 300,000 residents that have higher than average wages.
- Stokado - All their self storage facilities are conveniently located in large Polish cities and provide accessible storage rooms of various sizes both in an enclosed facility as well as drive-up storage container units.
Easybox is in the family way...again! - Paul Fahey, President, CEO and majority shareholder has recently been joined in the company by his three daughters Madeline, Miriam and Naomi.
Euro Mini Storage adds over 240 new units in Romania and Hungary.
Hong Kong Self Storage Fire - On June 19 a major fire erupted in a Hong Kong self storage business that took over 4 days to extinguish and tragically killed 2 firefighters.