News and Announcements
Big Yellow acquires half-acre property in East London
By Iain Gilbert
Date: Monday 15 Sep 2025
(Sharecast News) - Self-storage firm Big Yellow has exchanged contracts to acquire a half-acre freehold property in Bethnal Green, East London, for £10.8m.
Big Yellow said on Monday that completion of the purchase was unconditional and will take place in 18 months, allowing time for it to secure planning consent to develop a 68,000 square foot self-storage centre on the site, which it expects to yield approximately 8% net operating income on the capital deployed at stabilisation.
Chief executive Jim Gibson said: "This is a high-quality zone two London addition to the group's pipeline; opportunities to acquire sites in this location are rare, and there is very little existing self-storage supply in the local area."
Reporting by Iain Gilbert at Sharecast.com
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research