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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Big Yellow Group PLC

18 December 2025

Big Yellow Group PLC

("Big Yellow", "the Group" or "the Company")

Planning Update

Big Yellow announces that it has obtained planning consent for a 58,000 sq ft storage centre on its site in Leicester.

We expect that this new store will deliver an approximately 8.7% net operating income return at stabilisation on the total capital deployed of £13.0 million.

Jim Gibson CEO, commented:

"We are pleased to have secured planning at Leicester, a new market for Big Yellow, and anticipate that the store will open in late 2027. We now have planning consent on 10 of our 13 pipeline stores."

Enquiries:

Nicholas Vetch CBE, Executive Chairman 01276 477811

Jim Gibson, Chief Executive Officer 01276 477811

John Trotman, Chief Financial Officer 01276 477811

Sodali & Co 0207 100 6451

Ben Foster

Victoria Heslop

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