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Kennards Self Storage has now fully acquired Valads interest in their Self Storage Joint Venture. Kennards teamed with Valad in 2004 to acquire Millers Self Storage, which owned 24 storage centres in a deal worth $220 million. The Millers Group was owned by Security Capital European Realty. Security Capital was a diverse investment group with interests in self storage, car parks, hotels and industrial buildings. Their assets spanned U.S.A., Europe and Australia.
In 2010, the Kennards-Valad Joint Venture had grown to 36 self storage properties. The storage centres were managed by Kennards.
The purchase from Valad was originally consummated in June 2008, and provided almost 3 years for Kennards to finalise the acquisition.
Kennards now proudly own 100% of this high quality, well located portfolio of self storage centres. The future for KSS will again involve strong pursuit of growth through acquisition of existing storage centres, or new development. The Company will continue to re-invest in this endeavour.
Kennards remains a private family owned and operated business.
The Kennards Group now has 68 self storage centres with 6 more properties in the development pipeline.
In other developments, Kennards acquired a strategic gateway self storage property in the Sydney suburb of Moore Park for $27.5 million, from Mariner Funds Management, in October.
As a proud Family Business you can feel comfortable in storing with People Who Care. We have storage locations everywhere! And space for everyone! Personal and Business Space, Wine Cellars, RV and Boat, Gun Storage and Deposit Boxes. Keep it at Kennards, the People Who Care!
Discover secure storage at Kennards Chatswood Smith Street. From small lockers to large storage units Chatswood, our modern facility offers 24/7 access, advanced security, and flexible options for residents and businesses.
Angle Vale, located in Adelaide, has been experiencing a period of remarkable growth. As new developments rise and residents call this home, one important service to support this growth is storage.
For many Australians, a caravan is more than just a vehicle – it's a gateway to adventure. But when the trip is over and it's time to park it, where does your caravan go?