Safestore Holdings Plc (SAFE.L), a self-storage group, on Thursday recorded an increase in revenue for the first quarter, helped by improved demand.
For the three-month period to January 31, the company reported revenue of 56.7 million pounds, higher than 55.3 million pounds registered for the same period last year. On a like-for-like basis, revenue stood at 55.8 million pounds as against the prior year's 54.8 million pounds.
Maximum lettable area moved up to 8.90 million square feet, compared with 8.21 million square feet in 2023. Closing occupancy was 6.36 million square feet, higher than 6.11 million square feet a year ago.
Average storage rate slipped to 29.76 pounds from 30.06 pounds in the previous year.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.