In the first half of 2022, 16 new self-storage warehouses (individual storage) were opened in Moscow, and four in St. Petersburg, said Knight Frank Russia.
„The total area of self-storage warehouses in Moscow amounted to 209,544 sq. m, which is 6.7% more than in 2021. In 2022, the market was replenished with 16 new projects, and the total number of self-storage warehouses reached 100, an increase of 19% in In St. Petersburg, four new objects entered the market in the first half of the year,” the company said, citing a report from the Association of Individual Storage Companies (AKIKH).
According to the results of the first half of 2022, the total volume of high-quality warehouse real estate in Russia amounted to 37.4 million square meters. m, of which 54% or more 20.2 million sq. m falls on the Moscow region. During the first half of the year, the volume of supply increased by slightly more than 13 thousand square meters. m.
These indicators indicate that storage in self-storage objects in Moscow is gaining great popularity, primarily among individuals, whose share among users of the format increased by more than 5 p.p. In general, we can confidently say that this segment enduring the current crisis. It is expected that large players can continue development, as well as new local players with small projects. An increase in supply is expected primarily in detached buildings (mainly of the Soviet stock) in places with good transport accessibility and in densely populated areas.