Self Storage: The Best Performing Property Asset in Asia


Kevin Chan, Chairman, Store Friendly Self Storage Group

Pak Man Yuen, Principal, Blackstone

Rosanna Tang, Head of Research, Hong Kong & Greater Bay Area, Colliers 




Andrew Work, Executive Director, Self Storage Association Asia


Self Storage: The Best Performing Property Asset in Asia

Self Storage has outperformed a wide range of asset classes during the pandemic, as people made space in their living quarters to work from home and attend online classes. Traditional businesses looked to storage solutions for downsizing, while rising e-commerce companies utilised them as warehouses. Private equity firms have taken note and piled into the sector in Hong Kong and abroad.

Should landlords be welcoming storage solutions into their tenant mix? Investors, commercial lenders and insurance companies are keen to participate. Join our expert speakers as they give an overview of the sector, discuss some of Hong Kong's unique market characteristics and explain why Blackstone, Heitmann, Gaw Capital, Warburg Pincus and others have made the move into self storage. 


 Seats are limited and will be given on a first-come-first-served basis.


About the speakers:


Kevin Chan is the Chairman and Founder of Store Friendly Self Storage Group, which was founded in 2002. Being the largest self-storage provider in Asia, Kevin expands over 130 branches covering Hong Kong, Macau, Taiwan, Shanghai and Singapore. He continues to launch innovative services and established a variety of themed storage such as red wine storage, bicycle storage & hobbies storage, catering for the needs of different customers. Kevin was the first person to adopt smart security system in self-storage business, which features dehumidification by air conditioner, restricted access to facilities by Smart Cards & 24-hour online surveillance. As service quality is of utmost importance, he provides a variety of choices, affordable rental, convenience, safety, privacy, preferable location as well as a good environment, helping people to solve their clutter problems and maximizing their living space. Kevin has successfully expanded his business through franchising. The number of branches has grown from 3 to over 100 (from 2002-2016), with the storage rental area increasing by 40 times. Currently, his business has served more than 100,000 clients and garnered 25% market shares in Hong Kong.


Pak Man Yuen is a Principal in Blackstone's Real Estate group. Since joining Blackstone in 2013, Mr. Yuen has focused on acquiring and managing real estate investments in Greater China. Before joining Blackstone, he was a member of the acquisitions team at Morgan Stanley Real Estate Investing. Mr. Yuen received a BS in Computer Science and MS in Management Science & Engineering from Stanford University, where he graduated with distinction, was elected to Phi Beta Kappa and was a Terman Scholar. He currently serves on the board of Tysan Holdings.


Rosanna Tang joined Colliers in 2019 as the Head of Research for Hong Kong & Greater Bay Area. With 15 years’ research experience, Rosanna has a deep understanding of all property sectors, research products and client requirements. With specific expertise in Office, Retail, Industrial and Hotel, Rosanna has continued to excel and is considered a leading authority on Hong Kong’s growing data centre market. Prior to joining Colliers, Rosanna worked in the Corporate Planning & Strategic Investment Department of Sun Hung Kai Properties where she led and contributed to research analysis for Hong Kong and overseas property markets.Rosanna graduated from Peking University with a Bachelor of Law degree majoring in Political and Public Administration and a double degree in Sociology, with a Master of Finance from the University of Michigan.


About the moderator:

Andrew Work is the Executive Director of the Self Storage Association Asia. The SSAA's core membership comprises operators, suppliers and investors in the alternative real estate class of self storage and valet storage. This membership stretches from Japan to Indonesia in the east to Jordan and Dubai on its western bounds and it welcomes members from around the world. Webinars, an online library of relevant educational resources, an Annual Survey of Operators, direct networking and a legendary annual Expo are all part of how members connect, learn and grow. Andrew is also a co-founder of The Lion Rock Institute (est 2004) and Harbour Times (est 2013, sold 2021). He is the former Executive Director of The Canadian Chamber of Commerce in Hong Kong (2007-2012) and currently sits on the Real Estate Committee of that Chamber. These roles have seen him engage in a wide range of policy issues pertaining to Hong Kong governance and business.



Event Organizers




This event is hosted by David Graham.

Ticket includes a full hot English breakfast buffet.

 Please note that Business Attire is required by the Hong Kong Club - collared shirts must be worn by men, and jeans, sandals and sports shoes are not permitted. To see the full list of club rules on dresscode, please click here.


Please note that Hong Kong Club will require guests to be fully vaccinated 14 days prior and proof of vaccination.

Please ensure that you have the vaccination record on hand in either digital or printed form so that you can scan the QR code which is required by the Government when entering the venue.

Guests who are not in possession of the necessary vaccination documents will not be able to enter the venue.



  • Member: HK$480
  • Non-Member: HK$600
  • Y-Network Member: HK$380
  • Start-up Member: HK$380


Terms & Conditions

  • Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
  • Cancellations must be made in writing 24 hours prior to the event. No shows will be charged.
  • This event is closed to the media.
  • The event will be cancelled if the No.8 Typhoon signal or the Black Rain Storm warning is in force.
  • By attending this event, you agree to be photographed, recorded, and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
  • For further information please email [email protected]
  • All payments for this event need to be settled by credit card through PayPal. Please note you do not need a PayPal account to complete payment.
11/16/2021 8:00 AM - 9:15 AM
China Standard Time
Victoria Suite, The Hong Kong Club 1 Jackson Road Central

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