Storage Investments Australia, Owner of Roomia, To Grow Portfolio
Storage Investments Australia (SIA) has announced the launch of a new development fund targeting $40 million in equity as part of a plan to grow its portfolio of self-storage assets to $1 billion over the next five years.
With $100 million of equity successfully deployed to date, SIA claims its already established funds will have approximately $500 million worth of such assets under management at maturity, making it one of the largest fully integrated self-storage platforms in the country.
The company currently operates 18 institutional grade self-storage facilities across key growth markets including New South Wales, Victoria, Queensland, South Australia and Western Australia, and last year launched its own store management brand and platform Roomia.
"This marks the first opportunity for new wholesale investors to join SIA, with an initial emphasis on acquiring four new assets in key eastern seaboard markets,” says SIA chairman and co-founder Con Tragakis.
"It’s a unique and exclusive opportunity to capitalise on the self storage sectors attractive market fundamentals, including significant and growing long-term demand, stable income streams and proven resilience over the long term."

SIA’s vertically integrated model offers end-to-end capabilities from asset sourcing to store management, providing investors with potential value throughout the asset lifecycle.
"Drawing on our team’s deep sector experience, we prioritize customer care and service, which contributes to consistently high occupancy and low turnover," Tragakis explains.
“This, together with quality store design, ultimately delivers a great customer experience and very good returns for our investors.
"At maturity we aim to manage over a billion dollars in asset value, and Fund No. 5. represents a unique opportunity to become part of that growth journey."
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