The self-storage industry giant Big Yellow declared their results earlier today, below is a quick summary of highlighting the results. Highlights: 1. Strong occupancy levels driving 7% revenue growth 2. Closing net rent up 2.7% from March 2017, average rate up 0.8% year on year and up 1.5% in the second half. 3. Cash flow....
MoreTHE SSA UK ANNUAL INDUSTRY REPORT : 2018 The self storage Association’s annual report shows that the occupancy levels, rental rates and profitability; the 3 key operatic metrics for the industry, are on the rise. Occupancy levels across the industry have continued to increase based on the amount of space currently available to customers (CLA)....
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Did you attend ‘The FEDESSA conference, 2017 held from 17th to 18th October in Berlin? If not, watch our video from this special event and find out what it was like.With 531 attendees from 14 different countries, this year’s FEDESSA conference was a grand success. Those of you who attended the conference, we would like....
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Big Yellow declared results for the year ended 31 March earlier today. Below are the quick highlights: CONTINUED GROWTH IN KEY OPERATING METRICS Highlights Like-for-like occupancy increased by 2.8 ppts to 78.1% 11% increase in adjusted earnings per share and total dividend Free cash flow (after net finance costs and pre working capital movements)5 up....
MoreWith a population of some 80 Million, economic growth of just under 2%, low unemployment of around 3.8% and as the country which embraces immigration like no other, some may...
On 14th May 2018, 21 Italian self-storage companies representing over 50 self-storage locations (the great majority of the industry) gathered together in the Star Hotel Michelangelo in the beautiful city...
Lok'nStore Group PLC, which provides self-storage and records-storage services, released interim financial results for the first half of its 2017 fiscal year, which ended Jan. 31. The company reported total...
Shrinking apartment sizes emerged as the top driver of self-storage demand in Asia, revealed a survey by Ipsos Business Consulting. Presented at Self-Storage Expo Asia 2017, the survey polled 49...
Back in 1996, when we began our journey in Europe, we had a small manufacturing plant where our ideas literally bumped into each other as they came out. This intimate...
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