WHA Corporation Public Company Limited (WHA) has announced that it has acquired a 29.40% stake in Storage Asia Co., Ltd. (under the brand i-Store Self Storage).
When it comes to fully-integrated logistics and industrial facilities solutions in Thailand, WHA is the market leader, as is i-Store Self storage in the premium self-storage sector.
The move is part of WHA Group’s new strategy to make significant investments that allow it to leverage new market opportunities while creating new value both for its clients and for the industry.
WHA Group maintains a focus on logistics solutions, commercial properties, and industrial estates.
Their long-term strategy is to create a value-added, innovative and comprehensive service solution to support customers’ needs as the business grows sustainably.
The company sees an opportunity in the self-storage industry as the trend toward urbanization is rising.
That’s where Storage Asia, a leading premium storage solution under the brand name “i-Store Self Storage,” comes into play.
The self-storage business, which has seen increasing demand in modern times, targets people living and working in smaller spaces, who constantly face storage management problems.
It was decided that WHA Group wanted to take advantage of the business opportunity and chose to invest in one of the industry’s main players: Storage Asia.
WHA Group and Storage Asia will jointly create value-added services and solutions to address today’s space and logistics challenges through “better self-storage services, using advanced technologies and innovation,” Ms. Jareeporn Jarukornsakul, WHA Corporation Pcl.’s Chairman and Group CEO, said.
Storage Asia was established in 2015, quickly becoming a leading private storage services company in Thailand and the region.
It offers high-quality private and reliable storage solutions, targeting individual clients and businesses looking for a safe place to store their belongings.
Through Storage Asia services, people can choose the ideal storage size to suit their needs.
The company currently has two branches in Bangkok: a Silom branch and a Sukhumvit Soi 24 branch, but plans to open two more in Sukhumvit 71 and Pattaya next year.
