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The billionaire, his $80b gorilla mate and Storage King’s clean-up job

An offshore giant is trying to use structural issues at the No.2 self-storage player to get set in Australia. The local leader is pushing back. Who will win?

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Self-storage is a $20 billion industry most Australians would seldom think about.

The business is relatively straightforward: a mix of big players and family operators, who have a combined 697,000 storage units for lease across more than 2000 sites.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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    Original URL: https://www.afr.com/chanticleer/the-billionaire-his-80b-gorilla-mate-and-storage-king-s-clean-up-job-20250503-p5lwb5