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Self-storage rates increased by 20%

10 November 2021, 11:35
Experts of Maris | Part of the CBRE Affiliate Network have told about the trends in self-storage warehouse market in St.Petersburg by the end of 10 months of 2021.


According to Maris analysts, as of the end of October 131 self-storage warehouses are on St.Petersburg market. Since the beginning of this year, the number of warehouse facilities of such format has increased by 52 (compared to the result of Q4 2020), and the total number of operators has increased to 42.

Basically, the segment grew by heated storage facilities. According to the results of ten months, the segment of SS heated warehouse complexes accounted to 26% (+4pp), the share of mixed format, on the contrary, decreased and amounted to 5% (-1pp). Unheated self-storage warehouses occupy the majority of the market – 69% of the gross supply in the city (-3pp).

The leaders in terms of supply on the market are Primorsky (13%), Nevsky and Vyborgsky districts of the city with 11% of the gross supply each. They are followed by the Krasnogvardeisky district, with a 10% share in the gross supply.


Market participants associate the growth in demand for individual storage services with the development of online commerce, as well as with high mobility of customers and reduction in the average area of purchased housing. Stability of demand and high occupancy of sites throughout the year are noted. High growth rates confirm the demand for the self-storage format and its great potential.

Commercial terms

According to experts from Maris| Part of the CBRE Affiliate Network , as of the end of October 2021, the asking rates in self-storage heated warehouse complexes on average decreased by 5.2%, compared to the indicators at the end of 2020, and amounted to 800-2,000 RUB. per sqm per month. Rental rates in the segment of unheated storage facilities increased by 21.5% over the year and range from RUB 700 to RUB 1,400 per sqm. In the current environment, the warehouse real estate market is the most dynamically developing sector of commercial real estate.

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