Tuesday, Safestore Holdings plc (SAFE.L), in its trading update, said its revenue for the nine months to 31 July 2009 increased 1.7% compared with the same period last year.
Nine-month occupancy growth was 110,554 square feet compared with a loss of 29,344 square feet in the same period last year, due to a combination of increased enquiries and new lets as well as low levels of vacates, the company noted.
The company said it expects the total of stores opened this financial year to be 5 with the planned opening in Leicester during the fourth quarter. Over and above this, there is a further pipeline of 6 expansion stores, all of which are expected to open in 2010/11.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.