Dynamic Pricing and Discounting in Self Storage

The self storage market is regularly compared to the hotel industry given the similarities – both are assets driven by short term demand. In fact, self storage has been described as a hotel without great need for capital expenditure. It is therefore not surprising that pricing for self storage units works in a similar way […]
Q2 2026 Self Storage Supply Quarterly Review

Key Insights At Four Leaves, we actively track and monitor new self storage supply across Australia and New Zealand. This work forms part of the Self Storage Association of Australasia State of the Industry research, which is published annually and provides a comprehensive overview of the Self Storage market activity and trends. More recently, we […]
Self Storage Development in Australia – A Review of Modern Planning Policy

Self storage has become a widely popular asset class, driven by increased density, greater movement of people, evolving living and working trends, and increased changes in lifestyle. Our local market is seeing increased development, international capital flow, and a growing trend of more prominent, larger-scale developments. As land becomes more valuable and scarcer, Councils and […]
Tempted to Load Up your Operational Expenses at Tax Time? Savings Now Could Result in Value Lost in the Future.

When preparing a self storage facility for sale, unlike a house sale, one of the most important items to consider is not presentation, but rather the story that is being sold through the business’s Profit & Loss (P&L) statement Whether you plan to sell in six months or six years, maintaining clean and accurate financial […]
Understanding the Capitalisation Rate Spread Between Primary and Secondary Self Storage Assets

As the Australasian self storage market matures and attracts greater institutional capital, one of the most likely trends that will continue to emerge is the capitalisation rate spread between primary and secondary assets. It’s important to understand this spread as it has a direct impact on value, opportunities to acquire, and future exit strategies. What […]
Q1 2026 Self Storage Supply Quarterly Review

Key Insights At Four Leaves, we actively track and monitor new self storage supply across Australia and New Zealand. This work forms part of the Self Storage Association of Australasia State of the Industry research, which is published annually and provides a comprehensive overview of the self storage market activity and trends. More recently, we […]
What impact does the Middle East crisis have on the ANZ Self Storage Market?

The ongoing conflict in the Middle East is increasingly shaping global economic conditions, and its ripple effects are being felt in Australia and New Zealand, particularly with rising living costs, inflation, softer housing markets, and even migration flow. As a result, the self storage sector, which we often refer to as a “defensive” asset class, […]
Opportunities within the New Zealand Self Storage Market

Missed the SSAA NZ Exchange? Below is a summary of the key observations for the NZ Self Storage market across 2025. NZ Self Storage Market Overview As at the end of 2025, Four Leaves estimates that there are circa 780 self storage facilities across New Zealand, which is a marginal increase (1.2%) on the number recorded […]
The latest REIT results are in

Abacus Storage King (ASK) reported a 1.5% annual increase in Established RevPAM to $341 per square metre per annum. Occupancy across the portfolio is down 20 basis points to 90.5% (by area) on established assets. The group has a Weighted Average Capitalisation Rate of 5.43% (down 2 bps over the year). National Storage REIT (NSR) […]
The Next Wave of Consolidation in the ANZ Self Storage Market Is Here!

Four Leaves estimates that approximately half of the Australasian self storage market is held by independent and smaller operators. These groups not only represent mum and dad investors/ambitious entrepreneurs, but also smaller investor groups with four facilities or less. Larger operators, with between five and 20 facilities, make up roughly 9% of the market share. This […]