SC Asset Corporation Public Company Limited, a leading Living Solution Provider, in collaboration with its subsidiary SC Expedition Co., Ltd., has joined forces with Storage Asia Public Company Limited to establish i-Store Sukhumvit Co., Ltd. to develop the i-Store Self Storage project. This self-storage rental service will be located in Udomsuk and On Nut, with a project value exceeding 200 million baht.

Mr. Rachad Nuntakwang, Managing Director of SC Expedition Co., Ltd. (SCX) stated, “This investment with I-Store, a leader in the self-storage rental service and premium asset management in Thailand, aligns with SC Asset's SC Thriving strategy for Recurring Income. SC Asset will invest through three main business sectors: hotels, warehouses, and offices, as we see continuous growth in the self-storage market in several countries such as Singapore, Japan, and the USA.”

Meanwhile, Mr. Phakdee Aniwat, CEO of Storage Asia Public Company Limited commented, “Currently, the growth of the self-storage rental service is becoming more recognized, alongside the trend of home or condo decoration to match lifestyles. Many people are looking for outdoor storage solutions, and with our unique service model, i-Store Self Storage can maintain a usage rate of over 90% across all branches, with the Sukhumvit 71 and Sathorn One branches seeing increased usage as planned.”

Storage Asia Public Company Limited operates premium asset or item rental services under the name i-Store Self Storage. Currently, it has four branches open: Silom, Sukhumvit 24, Sukhumvit 71, and Sathorn One, serving over 800 customers. This joint venture will enhance our capacity to meet customer demands more broadly.