Freehold Acquisition

RNS Announcement

RNS Number : 6328W

Big Yellow Group PLC

27 April 2021

Big Yellow Group PLC

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

Freehold Acquisition

Big Yellow announces that it has acquired a prime 0.9-acre site on Regis Road in Kentish Town, North London for £16.5 million. We will be seeking planning permission for a 68,000 sq ft self-storage centre on the site.

This is a strategically located site in Zone 2 and is a high-quality addition to the Group's development pipeline.

This acquisition takes the number of stores in the Group's pipeline to 14, of which eight have planning consent.

Enquiries:

Nicholas Vetch, Executive Chairman 01276 477811

James Gibson, Chief Executive Officer

John Trotman, Chief Financial Officer

020 7260 2700

Ben Foster

Matthew Denham

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RNS metadata

Title: Freehold Acquisition
Time: 07:00:05
Date: 27 Apr 2021
Category: Acquisitions and alliances
ID: 6328W