Singapore's Extra Space Self Storage clinches majority stake in Storeasy Taiwan

It will be rebranded as Storeasy by Extra Space.

Extra Space, one of Singapore's pioneering self storage companies, has acquired a majority stake in Storeasy Taiwan. Extra Space currently operates five facilities islandwide. 

Storeasy operates 10 facilities featuring more than 2,000 units in key locations around Taipei and New Taipei City, according to an Extra Space press release. The facilities offer a mix of unit sizes for commercial and residential customers.

Storeasy Founder Jimmy Tao will continue as a company shareholder. “We are very pleased to partner with Extra Space in this exciting opportunity,” he said. “This merger will allow Storeasy to rapidly expand its business and offer innovative storage solutions to customers across Taiwan. With the combined resources and capabilities of Extra Space and Storeasy, we will become a more robust company, able to cater to Taiwan’s increasing demand for self-storage space."