Trade counters & self storage
Big Yellow Group, the self-storage group, has reported a 6.4% rise in like-for-like revenues in its third quarter trading update.
Big Yellow has exchanged contracts to acquire the Wyvern Industrial Estate in New Malden, London for £28m.
Parkhill Estates has sold Ketley Business Park in Telford to industrial investor IO Group, Property Week can reveal.
Self-storage giant Shurgard has exchanged on a deal to buy London-based rival ABC Selfstore for £50m.
Luxembourg-based self-storage group Shurgard is set for a €2bn-plus (£1.8bn-plus) listing on Euronext Brussels via a €575m share placement.