Sponsored By

Big Yellow Announces 1Q Financial Results, Profit Up 7 Percent

U.K. self-storage company Big Yellow has reported its financial results for the first quarter of 2008, and profit is up 7 percent.

July 9, 2008

1 Min Read
Big Yellow Announces 1Q Financial Results, Profit Up 7 Percent

U.K. self-storage provider Big Yellow Group reported financial results for the first quarter of 2008, with a 7 percent increase in profit. Revenue of the 32-facility portfolio for 1Q was £14.5 million, up from £13.5 million a year earlier. The average rental rate per square foot increased 9 percent. Average occupancy of all stores dropped to 1.81 million square feet from 1.82 million in the same quarter of 2007. For more information, visit www.bigyellow.co.uk.

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like