Euro Mini Storage has expanded its self-storage facility in Budapest with 106 new units through a €100,000 investment. The 1 sqm to 6 sqm lockers were built after the operator found itself at 95 percent capacity for an extended period of time. The largest units in the facility measure 35 sqm, but nearly all are rented out. “The market is in a vibrant state, and with the help of recovery of the Hungarian economy we saw an increased demand that confirmed to us that this was the best moment for an investment,” said Danu Temelie, managing partner at Euro Mini Storage. The company operates a similar facility in Bucharest, which is about to be expanded for the second time.
