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SAFESTORE HOLDINGS PLC RELEASE THEIR PRELIMINARY RESULTS FOR THE YEAR ENDED 31 OCTOBER 2009
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As at 31 October 2009, Safestore’s property portfolio was valued at £647.8 million, an increase of £9.1
million or 1.4% since October 2008
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Occupancy in Financial Year 2009 (“FY2009”) grew by 57,000 sq ft versus a loss of 195,000 sq ft in
Financial Year 2008 (“FY2008”)
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Average rental rate increased by 4.9% to £25.24 per square foot (“sq ft”) (FY2008: £24.06 per sq ft)
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Ancillary sales increased 4.8% to £11.5 million (FY2008: £10.9 million)
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Five new stores opened bring the total number of stores to 117 in UK and Paris
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