Big Yellow Group (BYG)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,064.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,336.00
  • 52 Week Low: 1,003.00
  • Currency: UK Pounds
  • Shares Issued: 196.71m
  • Volume: 608,613
  • Market Cap: £2,093.04m
  • RiskGrade: 109
  • Beta: 0.94

Big Yellow given green light for new £56m Wapping store

By Benjamin Chiou

Date: Tuesday 29 Aug 2023

LONDON (ShareCast) - (Sharecast News) - Self-storage group Big Yellow has received planning permission for a new 132,000 square-foot centre in a "rare" strategic location in Wapping, East London.

The company announced on Monday it has obtained planning consent to build the self-storage centre, along with 114 flats, with demolition of the site's existing buildings to "commence shortly".

It is spending £56m on the new project, including £36m to be spent on construction. Big Yellow reckons the new store will deliver 9% net operating income return.

The site is currently home to a temporary 31,000 sq ft store, which will be closed when construction is completed.

"This is an important planning consent that has been secured in a strategic and rare central London location that we are confident will deliver a meaningful contribution to our revenue and earnings in due course," said company 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 1,064.00p
Change Today 2.00p
% Change 0.19 %
52 Week High 1,336.00
52 Week Low 1,003.00
Volume 608,613
Shares Issued 196.71m
Market Cap £2,093.04m
Beta 0.94
RiskGrade 109

BYG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.71% above the market average63.71% above the market average63.71% above the market average63.71% above the market average63.71% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Price Trend
15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average
Income
20.43% above the market average20.43% above the market average20.43% above the market average20.43% above the market average20.43% above the market average
39.13% below the sector average39.13% below the sector average39.13% below the sector average39.13% below the sector average39.13% below the sector average
Growth
36.32% above the market average36.32% above the market average36.32% above the market average36.32% above the market average36.32% above the market average
64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 9
Sell 0
Strong Sell 0
Total 17
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 02-Jan-25 04-Jul-24
Paid 24-Jan-25 26-Jul-24
Amount 22.60p 22.60p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 1,112 @ 1,064.00p
16:35 187,107 @ 1,064.00p
16:35 600 @ 1,064.00p
16:35 815 @ 1,064.00p
16:35 215 @ 1,064.00p

BYG Key Personnel

CEO James Gibson
CFO John Trotman

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