More good news from self-storage sites operator Lok’nStore (LON: LOK) which confirms that core revenues are soaring through a combination of new openings, increasing occupancy and price rises.
Self-storage revenues increased by 21% over the year to July 2021, which is well ahead of forecasts. The first half growth rate was 11%. Over the 12-month period, occupancy rates have increased from 69.6% to 85.8%.
Prices were 8.7% higher by the end of the period, but this will have more of an effec...
You are unauthorized to view this page.