18th Dec 2025 10:59
Big Yellow Group PLC - Bagshot, Surrey-based self-storage site operator - Gets planning consent for a 58,000 square-foot storage centre on a site in Leicester, England. Big Yellow expects the new store to deliver a net operating income return at stabilisation of approximately 8.7% on the GBP13.0 million in total capital deployed.
"We are pleased to have secured planning at Leicester, a new market for Big Yellow, and anticipate that the store will open in late 2027. We now have planning consent on 10 of our 13 pipeline stores," says Chief Executive Jim Gibson.
Current stock price: 1,026.00 pence
12-month change: up 6.3%
By Roya Shahidi, Alliance News reporter
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