Big Yellow Group announces 7.6% revenue rise

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Big Yellow Group has reported a 7.6% increase in like-for-like revenue in a trading update for the first quarter.

The increase was driven by growth in occupancy and pricing. Like-for-like occupancy rose from 81.6% a year ago to 84.2% and average net rent per sq ft increased by 3.2% compared to the same quarter last year.

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