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Public Storage has risen 17% annually, including dividends over the past 20 years (as of Q1 2016). [37] This is a growth rate which is double the S&P 500. [37] More than 90 percent of Public Storage's revenues are from its self-storage operations; it also provides insurance, packing products, and has a 44 percent interest in PS Business Parks. [8]
Katsiabanis is currently the director of StorageX, an Australian self storage company based in Huntingdale, Victoria, which he founded in 2022 with his family. [19] In 2023, he appeared on Swinburne University's Innovation and Ideas series where he discussed his decision to found StorageX after COVID-19 pandemic impacted the taxi industry. [20]
[3] [4] At the same time it was renamed Kennards Self Storage. A further 14 storage centres opened in the 1990s including the first in Victoria. [2] In the early the first of 15 wine storage locations opened. In a 50:60 joint venture with Valad Property Group, in 2004 24 self storage properties were purchased from Millers Self Storage. [5] [6] [7]
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Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
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