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Highlights:
Occupancy and rate growth driving 7% revenue increase.
Average rate up 2.9% year-on-year. Like-for-like closing store occupancy 82.7% (2018: 80.5%).
Cash flow from ...
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Even excluding the profit made on the sale of its Saracen Datastore business in January, Lok’nStore still posted a 22% rise in first-half profit, driven by higher occupancy rates and prices. Self ...
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Big Yellow today announces the acquisition of freehold sites in Wembley, North London and Kingston North in South West London.
This brings to 12 the total pipeline of proposed new stores (incl...
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Strong Q1 performance, continuing momentum.
Highlights:
Group revenue for the quarter up 6.0%.
Like-for-like Group revenue for the quarter 6.4%.
UK up 6.1%.
Paris up 7.3%.
Like-for-like...
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Self storage provider Lok'nStore Group PLC said that its revenue rose during the first half of the financial year on higher occupancy levels.
For the six months to the end of January, the self...
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Big Yellow closing occupancy was 81.1%, an increase of 1.4 ppts from the same time last year. Like for like closing occupancy increased by 2.4 ppts to 82.1%. In our seasonally weaker third quarter, ...
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Highlights:
Strong Financial Performance:
Group revenue for the year up 10.8%.
Like for like Group revenue for the year up 5.2%.
UK up 5.2%.
Paris up 5.1%
Under...
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The UK's largest
self storage provider posted strong fourth quarter performance with the business
growing revenue by 13.7% with like-for-like revenue growth of 6.0%.
Performance was strong...
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First Half Highlights:
Like-for-like revenue increased by 7% driven by growth in occupancy and rate.
Average achieved net rent per sq ft increased by 3.7% period on period.
Cash f...
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U.K.
self storage operator Safestore Holdings PLC has released its financial statement for the third quarter of its 2018 fiscal year, which ended July 31. The company experienced growth in revenu...
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The 74 Big Yellow stores increased occupancy over the quarter by 131,000 sq ft resulting in a closing occupancy of 83.4%. Like for like closing occupancy was 84.2%, an increase of 2.6 ppts fro...
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In the six months to April 30, Safestore saw pretax profit jump to GBP81.9 million from GBP55.0 million in the comparative period a year ago.
The company said the recent acquisition of the 12 ...
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Highlights:
· Strong occupancy performance driving 7% revenue growth.
· Closing net rent up 2.7% from 31 March 2017, average rate up 0.8% year on ...
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The
AIM listed
self storage space provider has acquired a 56,000 sq ft site in Hove, taking its development pipeline to 10 sites across the UK.
Surrey-headquartered Big Yellow has acq...
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Big Yellow’s Armadillo Self Storage has completed the acquisition of a 105,000 sq ft freehold portfolio from 1st Storage Centres.
The portfolio comprises more than 100,000 sq ft of lettab...
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