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Lok'n Store enjoys analyst upgrades as occupancy jumps

The self-storage specialist plans to boost the size of the portfolio by more than a third in the near-term
Lok'n Store enjoys analyst upgrades as occupancy jumps
  • Reduced vacancy offsets decline in average pricing
  • Dividend increased by 8 per cent as cash available for distribution jumps

An “unprecedented” rise in occupancy drove Lok’n Store’s (LOK) adjusted cash profits up almost a fifth during the first half of the year. 

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