Storage Investments Australia is preparing to raise $125 million in fresh capital to expand its Roomia facilities, confident that shrinking house sizes, a rise in divorces and the increasing number of young people staying at home are driving demand for lockable self-storage units.
The self-storage company has 25 facilities operating or in development around Australia under the Roomia brand and is keen to expand on that as it launches a $200 million fund, convinced that long-term demand will stay buoyant.
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