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In the seasonally weaker third quarter, occupancy decreased by 165,000 sq ft (3.5% of the MLA at 31 December 2019) compared to a loss of 126,000 sq ft in the same quarter last year (2.7% of the MLA ...
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Europe’s self storage sector is attracting a more diverse range of capital amid growing consumer demand.
Rapid urbanisation, mobile populations and smaller living spaces are driving the self...
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Self storage company Safestore has reported a 5.5% increase in revenue for its financial year ended 31 October 2019, bringing in £151.8m.
Earnings per share grew 6.3% year on year to 28....
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First Half Highlights:
• Like for like revenue increased by 4.2% driven by growth in average occupancy and rate.
• Average achieved net rent per sq ft increased by 1.6% period ...
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Solid final quarter with strong occupancy growth. Significant strategic progress completes another good year
Highlights:
Group revenue for the year up 5.6%.
Like for like Group ...
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Self Storage provider, Lok’nStore Group plc has released its results for the year to July 31 2019.
The group’s revenue (with its continuing operations) stands at £16.95m - up 10.3 per cen...
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Highlights:
· Group revenue in Q3 grew by 4.8%.
· Group like for like revenue in Q3 increased 4.2% with good performance in both geogra...
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The 75 Big Yellow Self Storage stores increased occupancy over the quarter by 125,000 sq ft resulting in a closing occupancy of 84.0%. Like for like closing occupancy was 85.1%, an increase of...
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Highlights:
Solid Financial Performance:
Group revenue up 5.6%.
Group like for like revenue up 5.9% with UK up 5.6% and Paris up 6.3%.
Adjusted Diluted EPRA EPS6 up 7.1% at 13...
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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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