Big Yellow Group (BYG)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,116.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 1,239.00
  • 52 Week Low: 910.00
  • Currency: UK Pounds
  • Shares Issued: 196.25m
  • Volume: 178,777
  • Market Cap: £2,190.16m
  • RiskGrade: 109

Big Yellow buys Aberdeen self-storage building for £10m

By Frank Prenesti

Date: Thursday 16 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Big Yellow said it had bought a 53,000 sq ft self-storage centre in Aberdeen for £10m.
Currently branded as Simply Self Storage, the building is the only purpose-built self-storage centre in the city, and will be rebranded as Big Yellow, the company said on Thursday.

It added that the purchase price represented a starting 6% net initial year one yield which should grow to 9% within two years as the store benefits from being added to its digital platform. The deal was expected to be earnings enhancing.

"This is an important acquisition for Big Yellow expanding our footprint in Scotland, where we now operate in three of the four main urban centres," said chief executive Jim Gibson.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BYG Market Data

Currency UK Pounds
Share Price 1,116.00p
Change Today 10.00p
% Change 0.90 %
52 Week High 1,239.00
52 Week Low 910.00
Volume 178,777
Shares Issued 196.25m
Market Cap £2,190.16m
RiskGrade 109

BYG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.92% below the market average58.92% below the market average58.92% below the market average58.92% below the market average58.92% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
12.67% below the market average12.67% below the market average12.67% below the market average12.67% below the market average12.67% below the market average
26.67% above the sector average26.67% above the sector average26.67% above the sector average26.67% above the sector average26.67% above the sector average
Income
14.07% above the market average14.07% above the market average14.07% above the market average14.07% above the market average14.07% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
1.92% below the market average1.92% below the market average1.92% below the market average1.92% below the market average1.92% below the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 9
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BYG Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Jan-24 06-Jul-23
Paid 26-Jan-24 28-Jul-23
Amount 22.60p 22.90p

Trades for 03-May-2024

Time Volume / Share Price
16:36 421 @ 1,116.00p
16:35 126,260 @ 1,116.00p
16:35 861 @ 1,116.00p
16:35 2,639 @ 1,116.00p
16:35 396 @ 1,116.00p

BYG Key Personnel

CEO James Gibson
CFO John Trotman

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