(Sharecast News) – Self-storage company Big Yellow on Monday reported a 6.7% rise in first quarter revenue, driven by higher rents.
Sales for the three months to June 30 came in at £48.1m compared with £45.1 million a year earlier. On a like-for-like basis they rose 5.4% to £47m.
The average achieved net rent per square foot rose 9% to £32.74.
Reporting by Frank Prenesti for Sharecast.com
