Jones Lang Lasalle (JLL) has released its latest UK self storage market update for 2019.
- Self storage was one of the best performing property asset classes in the listed UK REIT market over the last 12 months. USS’s partner, Big Yellow Group produced positive total investor returns, compared to the All UK REIT sector return which fell by 16.5%;
- Investor interest in UK self storage continues to grow with a substantial increase in allocations amongst the Alternative Asset investors surveyed by JLL; and
- Armadillo’s acquisition of the 1st Storage Centres in Newcastle and Gateshead features in the M&A section of the report.
The report is accessible via the following link.