Asia’s self-storage market offers attractive rental yields, Chicago investment firm says

Chicago-based real estate investment firm Heitman is betting on the self-storage market as an emerging theme in commercial properties in Asia.Heitman, which oversees US$41.7 billion in assets, hopes to expand its investments in mini-storage concepts in Asia, adding to a portfolio of such holdings in Australia, Singapore, and Japan.Mary Ludgin, senior managing director and director of global investment research at Heitman, said self-storage makes sense in Hong Kong, given the small size of the…

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