{"id":4965,"date":"2018-09-11T04:00:31","date_gmt":"2018-09-11T04:00:31","guid":{"rendered":"https:\/\/extraspace.corsivalab.com\/kr\/extra-space-asia-establishes-first-facility-in-singapore-with-50-customers\/"},"modified":"2026-03-25T08:35:17","modified_gmt":"2026-03-25T08:35:17","slug":"extra-space-asia-establishes-first-facility-in-singapore-with-50-customers","status":"publish","type":"post","link":"https:\/\/extraspaceasia.com\/kr\/en\/extra-space-asia-establishes-first-facility-in-singapore-with-50-customers\/","title":{"rendered":"Extra Space Asia Self-Storage expands its footprint into Japan"},"content":{"rendered":"<p><p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><strong>Singapore, 17 September 2018 \u2013<\/strong> Extra Space Asia has entered into a strategic venture with Keiyo Logistics to significantly expand the footprint of self-storage facilities in Japan. Extra Space Asia has committed to invest in self-storage facilities throughout Japan, and to work closely with Keiyo Logistics to become a dominant operator in Japan. Keiyo Logistics currently operates in excess of 75 facilities with over 6500 customers in Japan, primarily concentrated in Tokyo, under the brand \u201cPrivate Box\u201d. Facilities owned by Extra Space Asia will be managed by Keiyo Logistics under the brand \u201cPrivate Box by Extra Space\u201d. A leading pioneer of self-storage solutions in the Asia region, Extra Space Asia operates 33 facilities with over 12,000 customers across 5 countries (Singapore, Malaysia, Taiwan, Hong Kong and Korea) and is the largest self storage operator in the Asia region. The strategic venture between two of Asia\u2019s leading self storage operators will allow them to grow market share in a rapidly expanding industry.<\/p>\n<p>&nbsp;<\/p>\n<p><center><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-198135\" style=\"margin: 0;\" src=\"https:\/\/extraspaceasia.com\/kr\/wp-content\/uploads\/sites\/5\/2026\/03\/By-Extra-Space.png\" alt=\"\" width=\"696\" height=\"499\" \/><\/center><center><em><strong>Picture Above-<br \/>\n<\/strong>Private Box Totsuka-Cho storage facility, owned by Extra Space Asia, located at Yokohama.<\/em><\/center><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><span lang=\"EN-US\"><br \/>\nAlthough Japan\u2019s self-storage revenues are amongst the top 5 in the world, the market saturation is still very low, primarily due to a lack of awareness and knowledge about the self storage industry and options for storage. As this awareness grows, and together with the growing affluence of the population, changing lifestyles and business practices, the self storage industry is expected to significantly expand over the next few years.<\/span><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><span lang=\"EN-US\">Extra Space Asia will be the first non-Japanese owned self storage company to operate in the Japanese market. <\/span><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><span lang=\"EN-US\">\u201cWe are excited to take this leap into Japan\u2019s thriving self storage industry \u2013 an industry that is expected to expand at a faster rate in Japan than any other country in Asia. We look forward to working closely with our partner to bring a greater number of locations to the industry and provide easier access for our customers,\u201d said Mr. Kenneth Worsdale, Chief Executive Officer of Extra Space Asia. \u201cWe will work closely with our partner to <\/span>offer more <span lang=\"EN-US\">storage options and options of superior quality\u201d.<\/span><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><span lang=\"EN-US\">\u201cThe opportunity to work with Extra Space Asia, and further grow the industry in Japan, is very good news for the Private Box brand,\u201d said Takahide Watanabe, Chief Operating Officer of Keiyo Logistics. \u201cOur combined strengths will allow us to expand rapidly and become a leader of the industry in Japan\u201d.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><center><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-198167\" style=\"margin: 0;\" src=\"https:\/\/extraspaceasia.com\/kr\/wp-content\/uploads\/sites\/5\/2026\/03\/CEO.jpg\" alt=\"\" width=\"660\" height=\"598\" \/><\/center><center><em><strong>Picture Above-<br \/>\n<\/strong><strong>Left:<\/strong> Mr Kenneth C. Worsdale, Chief Executive officer of Extra Space Asia.\u00a0<strong>Right:<\/strong> Mr Takahide Watanabe, Chief Operating Officer of Keiyo Logistics.\u00a0<\/em><\/center><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\"><u><span lang=\"EN-US\"><br \/>\nAbout Extra Space Asia<\/span><\/u><\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\">Extra Space Asia is Asia\u2019s leading self-storage provider in the region, offering self-storage facilities and services to individuals, families, and businesses in densely populated cities with space constraints. Led by Chief Executive Officer Mr. Kenneth Worsdale, Extra Space Asia is a privately owned business, headquartered in Singapore and operating all over Asia.<\/p>\n<p class=\"Body\" style=\"font-size: 18px; line-height: 150%; text-align: left;\">For more information, visit Extra Space Asia at<a href=\"https:\/\/extraspaceasia.com\/\"> www.extraspaceasia.com.<\/a><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore, 17 September 2018 \u2013 Extra Space Asia has entered into a strategic venture with Keiyo Logistics to significantly expand the footprint of self-storage facilities in Japan. Extra Space Asia has committed to invest in self-storage facilities throughout Japan, and to work closely with Keiyo Logistics to become a dominant operator in Japan. Keiyo Logistics [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4966,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-4965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"jetpack_featured_media_url":"https:\/\/extraspaceasia.com\/kr\/wp-content\/uploads\/sites\/5\/2026\/03\/By-Extra-Space.png","_links":{"self":[{"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/posts\/4965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/comments?post=4965"}],"version-history":[{"count":1,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/posts\/4965\/revisions"}],"predecessor-version":[{"id":4968,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/posts\/4965\/revisions\/4968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/media\/4966"}],"wp:attachment":[{"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/media?parent=4965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/categories?post=4965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/extraspaceasia.com\/kr\/en\/wp-json\/wp\/v2\/tags?post=4965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}