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Self-storage demand boost for Safestore

Safestore expects to deliver strong growth in the year to 31 October.
January 5, 2017

Safestore (SAFE) releases full-year earnings on Monday, and the self-storage specialist has already indicated that adjusted earnings per share will be at the top end of market estimates. Operations in the UK and Paris have experienced solid demand, with occupancy rates rising to 73.7 per cent in the fourth quarter, from 72.7 per cent in the prior comparable period.

IC TIP: Buy at 348p