[+] Smart Money Pivots to Self-Storage Amid Office Gloom

In a market where traditional sectors such as commercial office space are grappling with big writedown-driven losses, the self-storage space is proving itself a resilient and ambitious alternative asset class.

National Storage REIT, for example, has just posted a $230-million profit after tax, despite increased finance costs, underscoring the sector’s attractiveness.

The trust’s strategic moves, including a partnership with Singapore's GIC and a robust acquisition spree, have bolstered its portfolio and asset value, now worth $5.2 billion.