Following the COVID-19 pandemic, this sector has demonstrated impressive resilience, outperforming other commercial assets that struggled during the crisis. While other industries faced economic downturns, self-storage facilities remained open as essential services, allowing the market to grow at an accelerated pace.
The boom in self-storage in Belgium is driven by several factors, including increased urbanization and the scarcity of space in major cities. More and more people are opting for smaller apartments due to high housing costs, creating a growing demand for additional storage space. This trend has also impacted businesses, which are looking for flexible and low-cost solutions to manage their inventory, equipment, and other goods.
In 2025, Belgium remains a relatively young market compared to the UK, but with significant investment potential. Despite being an emerging sector, self-storage in Belgium remains less competitive than in more developed countries, offering opportunities for investors and asset managers looking to diversify their portfolios in a high-performing industry. International investment funds have focused on Belgium, attracted by the opportunity to achieve higher returns due to the market's lower saturation.
The growing demand for self-storage has also led to significant expansion in the construction of new facilities across the country. In 2025, several development projects are underway, underscoring the optimism surrounding the sector's future. As more international self-storage operators, particularly from the U.S. and the UK, enter the Belgian market, competition is intensifying, but so is the quality of services and options available to consumers.
In summary, the self-storage market in Belgium continues to establish itself as a safe and profitable choice for real estate investors in 2025. The combination of growing demand for additional space, coupled with a favorable investment environment, makes this sector an excellent opportunity for those looking to capitalize on a booming market in Europe.
