REG - Big Yellow Group PLC - Freehold Acquisition

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RNS Number : 2075Z  Big Yellow Group PLC  15 September 2025

 

 

15 September 2025

 

 

Big Yellow Group PLC

("Big Yellow", "the Group" or "the Company")

 

Freehold Acquisition

 

Big Yellow announces that it has exchanged contracts to acquire a 0.5 acre
freehold property in Bethnal Green, London for £10.8 million.  Completion of
the purchase is unconditional and will take place in 18 months, allowing time
for the Group to seek planning consent to develop a 68,000 sq ft self storage
centre on the site, which is expected to yield approximately 8% NOI on the
capital deployed at stabilisation.

 

Jim Gibson, Chief Executive Officer, commented:

 

"This is a high-quality zone 2 London addition to the Group's pipeline;
opportunities to acquire sites in this location are rare, and there is very
little existing self storage supply in the local area."

 

 

Enquiries:

 

Big Yellow:

 

Nicholas Vetch, Executive
Chairman
01276 477811

James Gibson, Chief Executive
Officer

John Trotman, Chief Financial Officer
 

 

Sodali & Co
 
            0207 100 6451

Ben Foster

 

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