Planning Update

Summary by AI BETAClose X

Big Yellow Group PLC has secured planning consent for a new 58,000 sq ft storage centre in Leicester, a new market for the company, with an expected opening in late 2027. The development represents a £13.0 million capital deployment and is projected to deliver an 8.7% net operating income return at stabilisation. This planning approval brings the total number of pipeline stores with consent to ten out of thirteen.

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