Market Share of Germany Self-Storage Industry
The German self-storage market is fragmented with the presence of major players like XX LAGER Self Storage, Hertling GmbH & Co. KG, and Rousselet Group (HOMEBOX). Players in the market are adopting strategies such as partnerships, innovations, mergers, company expansion, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
In August 2023, MyPlace-SelfStorage is planning eight new “hotels for things” Affordable storage space for Berlin, where a house is currently under construction in Berlin Tegel, three houses in Berlin Charlottenburg, Wittenau, and Marzahn are being expanded, and seven more are being planned. Around 13,000 compartments on 82,000 square meters are currently available to Berliners. With the new or planned locations, around 8,000 more compartments will be added.
In November 2023, Shurgard, one of the the largest developers and operators of self‐storage facilities across Europe launched a share capital increase in cash via an accelerated book building with international institutional investors (“the Capital Raise”).
Germany Self-Storage Market Leaders
Shurgard Self Storage SA
Space Plus
XXLAGER Selfstorage
Hertling GmbH & Co. KG
Lanzell Spezialtransporte
*Disclaimer: Major Players sorted in no particular order
