Lok’nStore remains on track

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There was yet another forecast upgrade after self-storage sites operator Lok’nStore (LON: LOK) published its full year trading statement. The property revaluation for the end of July 2022 will be reported with the results on 31 October and that could spark another upgrade.

Self-storage revenues were 17.3% higher. Stripping out new stores and the four stores sold in the period, the increase was 24.9%. There were increased occupancy levels and prices were raised by 13% over the year. There are...

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