All Trade counters & self-storage articles
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NewsUK self-storage industry breaks through £1bn-turnover barrier
The sector turned over just under £1.1bn in 2023, exceeding £1bn for the first time.
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NewsHOLD secures £100m backing from CPP to develop London portfolio
City & Provincial Properties is backing expansion of self-storage firm, which plans to open 30 centres by 2030.
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OnlinePenn Elcom launches flat pack self-storage system as industry tops £1bn
DIY assembly system allows users to create units of any size.
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NewsHOLD Storage opens Kings Cross site to launch ambitious growth plan
The company plans to open five London sites before the end of 2025.
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NewsRevenue grows at Lok’nStore amid busy pipeline
Its four new stores will add 211,600 sq ft of trading space to the UK self-storage market.
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NewsBig Yellow submits plans for new larger Brent Cross store and offices
Big Yellow Self Storage has submitted plans to bulldoze and rebuild its Brent Cross centre in north London, to create a net increase of almost 200,000 sq ft of floorspace.
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NewsBig Yellow completes refinancing of revolving credit facility
Self-storage giant Big Yellow has completed the refinancing of its revolving credit facility and has put in place a new £300m ESG-linked facility for an initial term of three years.
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NewsBig Yellow wins consent for Epsom storage centre at appeal
Self-storage operator Big Yellow has obtained planning consent at appeal for a 58,000 sq ft storage centre in Epsom town centre in Surrey.
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NewsSelf-storage racks up strong results and investor interest
Solid Big Yellow and Lok’nStore results reflect sector’s resilience and countercyclical qualities for investors.
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NewsBig Yellow eyes opportunities to ‘replenish’ pipeline as land prices drop
Self-storage giant Big Yellow has said it is looking to add to its pipeline now it has managed the “testing” transition to a higher-interest-rate environment. The group made the announcement as it posted results for the six months ended 30 September.
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NewsTunbridge Wells site approval kickstarts Compound’s £200m self-storage portfolio plans
Tunbridge Wells Borough Council has given the green light for Compound to redevelop a former Kent oil depot into a 91,000 sq ft self-storage and workspace hub, as part of the developer’s plans to build a £200m self-storage portfolio.
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NewsLok’nStore says future ‘looks rosy’ as revenue rises 12%
Lok’nStore’s self-storage revenue rose 12.1% to £25.3m in the year to the end of July, as demand in the sector remains strong, according to its latest results.
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NewsSelf-storage sector set for record year as revenue hits £1bn
Revenue in the self-storage industry is set to exceed £1bn for the first time in 2023 as the sector continues to grow following a boom at the start of the Covid-19 pandemic, according to a report by Cushman & Wakefield and the Self Storage Association UK.
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NewsSelf-storage market turnover set to exceed £1bn in 2023
Revenue in the self-storage industry is set to exceed £1bn for the first time in 2023 despite the cost-of-living crisis, according to Cushman & Wakefield and Self Storage Association UK.
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NewsMoorfield and Peloton JV acquires £26m-worth of sites
A joint venture between Peloton Real Estate and Moorfield Group has acquired a four-asset open storage portfolio, as it eyes further growth.
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InsightStorage success proves a Cinch
Young entrepreneurs Josh Nimmo and Richard Owen tell Property Week how they took Cinch from business concept to rapidly expanding UK self-storage player in just six years.
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MarketsThe rise and rise of self-storage
The lockdown-induced demand for space shows little sign of abating, as Greg Pitcher reports.
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InsightWhat’s in store for the self-storage sector?
Eight self-storage operators tell Property Week how Covid has affected their businesses and what they think lies in store for the sector.
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InsightDeal or no deal for self-storage sector
The pandemic fuelled demand for self-storage units and a wave of mergers and acquisitions across the sector. But will the boom continue post-Covid?
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InformationSelf-Storage supplement April 2022
Self-storage operators reveal how they have fared during the pandemic and share their outlook for the future – The volatility caused by Covid resulted in a boom in mergers and acquisitions activity in the self-storage sector – but will the rush of deals continue post-pandemic?
