
Mitiska REIM and Storo have opened two new self-storage facilities in Antwerp and Evere.
Both sites involved the refurbishment and repurposing of existing buildings rather than new construction, converting accessible urban locations into modern, flexible storage facilities targeting BREEAM Very Good certifications.
The openings bring the total number of Storo facilities in Belgium to seven.
A further Mechelen site is scheduled to open early next year.
Planning permits have also been approved for new sites in Wilrijk and Ghent, indicating that the network will continue to expand across Belgium's major urban centres over the coming 12 to 18 months.
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Lennert De bruyn, Managing Director of Storo, said the platform is seeing strong demand from two distinct user groups. Consumers need extra space that their homes cannot accommodate.
Businesses are using Storo as a flexible alternative to conventional warehousing for stock, equipment and temporary storage ahead of deliveries.
He described the ease of booking and platform flexibility as key factors driving adoption across both segments.
The dual-demand model consumer and business gives Storo a more resilient occupancy base than a purely consumer-focused operation would.
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Bart Rabaey, Mitiska REIM's Chief Investment Strategy Officer, described the European self-storage market as a unique investment opportunity.
He pointed to three characteristics that define the sector's appeal: growing demand for storage space, a market that remains underserved and fragmented and early-stage opportunities in next-generation storage formats.
He said Mitiska believes these conditions create a compelling opportunity to unlock value in a dynamic and growing segment of real estate.
The refurbishment-led model Storo uses repurposing existing urban buildings rather than building from scratch keeps capital costs lower, reduces environmental impact and positions sites in locations that are already accessible to the consumer and business users who are the core customer base.
As European cities face increasing pressure on industrial and logistics land, the ability to activate existing buildings for storage use is both a practical and financial advantage.
Mitiska REIM, as a specialist in European convenience real estate, is applying the same asset-conversion logic here that it uses across its broader convenience property portfolio.
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