Self-storage provider grows values on the back of higher interest rates and sales uplift
Investment manager has bought four self-storage assets totalling 240,000 sq ft from Easistore
The lender has highlighted increasing demand and “resilient” characteristics
The self storage firm’s pipeline will add almost 50% to its trading space
The group’s property director will join the board of directors with immediate effect
Lok’nStore posts record revenue
The UK has the most stock, but the rest of Europe is catching up
Chief executive hails “excellent” performance and highlights scope for boosting occupancy
StoreAway has taken over the 60,500 sq ft vacant Beatties department store
Revenues have increased by 17% while the secured pipeline now holds 10 projects
Storage group buys site from SEGRO to build £19m store, and is surrendering its nearby lease
Revenue rose by 14% to £101m, but profit was up 70% thanks to gains of £224m