Big Yellow posts solid quarter of growth Retail A boost in occupancy and a hike to rents helped revenue at self-storage firm Big Yellow to a solid increase in the second quarter, after what has been a difficult two years.
Storage giant Big Yellow bumps up rents to offset higher interest rates Storage Self storage firm Big Yellow has said its revenues bumped up in the third quarter as it saw a pick-up in its reservations book.
Big Yellow ups storage space across London with solid revenue growth Big Yellow ups storage space across London with solid revenue growth Self-storage space provider Big Yellow has branched out across London, with two new stores and four development sites, as the pandemic ramped up demand. Three new stores opened in the year to 31 March 2021 in Camberwell and Battersea and have also bought four new development sites in Wapping, Staines, Epsom, and Kentish Town which [...]
Storage firm Big Yellow sees revenue creep up despite lockdown July 15, 2020 Self storage firm Big Yellow said that revenues crept up 2.3 per cent in the first quarter despite a fall in demand due to the coronavirus pandemic. Revenue increased to £31.8m in the three months ending in June, up from £31.1m in the same period last year. Shares in the FTSE 250 firm rose one [...]
Storage firm Big Yellow suffers drop in occupancy due to UK coronavirus lockdown April 16, 2020 Storage provider Big Yellow suffered a drop in occupancy after the coronavirus lockdown was announced as customers rushed to collect their belongings. There was a spike in activity after the government imposed coronavirus lockdown measures, with a net overall occupancy loss of 23,000 sq ft in the final two weeks of March, compared to a [...]
Storage firm Big Yellow’s profit jumps on higher revaluation gain November 19, 2019 Big Yellow’s pre-tax profit jumped over 50 per cent in the first half thanks to a higher revaluation gain, as the self storage firm reported increased revenue despite the “less than helpful” economic and political environment. The figures For the six months ending 30 September Big Yellow’s profit before tax increased 56 per cent to [...]
Big Yellow raises £79m in share placing to purchase more storage November 19, 2014 Big Yellow raised £79m via a share placing yesterday to help buy the remaining 67 per cent stake in a self-storage business it did not already own. The company said it would use the proceeds to buy out its partner Pramerica Real Estate Investors from their joint venture earlier than planned for £39.25m in cash. [...]