LEO Global Logistics PCL (LEO), a leading end-to-end global logistics service provider in Thailand, addresses the growing need for storage solutions in the Thai e-commerce sector with ‘LEO Self Storage #2’, a Lifestyle Storage facility located on the Charoenkrung Road in Bangkok’s Chinatown.
Mr Kettivit Sittisoontornwong, Chief Executive Officer of LEO Global Logistics, explained that the overall growth tendency of the self-storage business is tied directly to the expansion of the e-commerce business in Thailand. As new players enter the market and existing players expand their businesses, the need for storage solutions near commercial areas continues to rise. Recognizing this, LEO saw an opportunity to extend its self-storage footprint in a high-potential location like Bangkok.
Since the official launch earlier this year on April 4, the new Lifestyle Storage facility has received exceptional response. Strategically located near Talat Noi, Charoenkrung, and Yaowarat and easily accessible via the Hua Lamphong MRT station, the facility boasts a total storage area of 2,000 square meters and is equipped with over 100 security alarms and CCTV cameras to provide around-the-clock surveillance.
The Chinatown branch offers a wide selection of lifestyle-oriented storage solutions and will serve as LEO Self Storage’s flagship store. The facility features both air-conditioned and regular storage units, in addition to cutting-edge innovations that allow customers to access their rented space via mobile devices without needing to use a traditional key, while an automatic door access system enables access to the facility anytime, day or night. From simply storing belongings to using the space as a gallery for collectables, its flexibility and adaptability make storage easy and convenient for every lifestyle.
Aiming to lead the Thai self-storage sector, LEO is confident that its storage solutions will continue to be well-received among customers and contribute significantly to its overall business revenue. In fact, Mr Kettivit Sittisoontornwong reveals that the storage business sector will play a vital role in achieving LEO’s new record highs, with an expected 40 to 50 per cent growth by the end of 2022. Furthermore, within the next two years, the company plans to develop two additional branches of LEO Self Storage, which will be located near commercial and residential areas—as part of LEO’s strategic partnership with SENA. At the same time, LEO is preparing for an upcoming joint venture deal with SET-listed multinational companies, which will further expand the company’s footprint in the warehouse, cold chain logistics, and self-storage businesses while also continually seeking new M&A opportunities.
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