Self Store Budapest Boasts More Than 1,000 Renters
- 26 Jan 2015 8:00 AM
Rental fees for the units generated more than net 200 million forints (EUR 641,000) in revenue for the company last year. More than 90% of the units were rented out.
Pre-tax profit came to about 60 million forints in 2014. Ablonczy said the company had invested 4 billion forints in its selfstorage business.
Self Store rents a two-square-metre unit in the city for about 10,000 forints per month. A seven-square-metre unit goes for about 20,000. Ablonczy estimated demand for approximately 50,000 square metres of self-storage space in Hungary.
Source www.hungarymatters.hu
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