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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 across al...
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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 revenue a...
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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 acquired ...
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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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Highlights:
· Group revenue for the quarter up 9.8%.
· Like for like Group revenue for the quarter 4.5%.
· Li...
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Self storage company Lok'n Store Group PLC said on Monday that it saw strong trading in the first half of its financial year, with January delivering a record level of new storage sales enquiries.
...
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Closing occupancy was 80.1%,
an increase of 4.6 % from the same time last year.
In our seasonally weaker third
quarter, the 73 stores decreased in occupancy by 170,000 sq ft compared to a
loss o...
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Safestore, Britains
largest Self Storage Provider, Posts Strong Trading Figures.
Highlights:
Strong Financial Performance:
Group
revenue for the year up 12.6%.
...
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First Half Highlights:
Strong occupancy performance driving 6% revenue growth.
Average rate flat period on period; closing net rent up 1% from 31 March 2017.
Continue...
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Highlights of the fourth trading quarter:
· Group revenue for the year up 10.0%.
· Like for like Group revenue for the year up 3.3%.
· Balanced approach to reven...
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Safestore has completed the acquisition of Stork Self Storage, which it announced on 25th September, in a deal that is expected to be immediately accretive to earnings per share and support future...
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