12th September 2009
"CONTINUED STRONG TRADING"
Safestore Holdings plc the largest self storage company in the UK and Paris is pleased to report on its trading progress (unaudited) for the year ended 31 October 2009.
• Revenue for the year to 31 October 2009 increased by 1.9% to £84.4 million compared to £82.9 million last year
• Occupancy growth for the year to 31 October 2009 was 57,000 square feet (“sq ft”) compared to a loss of 195,000 sq ft last year
• Average rental rate per sq ft for the year to 31 October 2009 increased by 4.9% to £25.24 compared to £24.05 last year
• Closing occupancy for the year as at 31 October 2009 was 2,773,000 sq ft
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