Hello, Share Followers. Many folks, including this family, have problems moving home because there’s nothing suitable for them to buy instead. What they’re forced to do is put stuff into storage until the new dream home hits the market. That's where Big Yellow Group (BYG) comes in. It’s a big self storage provider and business seems to be booming.
I observed back in November that ‘I am far from being a hoarder and live my life a little bit closer to the ideals of the Japanese organising consultant Marie Kondo’. Back then I could not get excited about Lok’nStore (LOK) – and I note that this stock in down a touch since I wrote those words. On a quiet news day, I see that Lok’nStore’s peer Big Yellow Group (BYG) - the UK’s leading self storage company - announced that it was to spend £18.6 million acquiring a site in Wapping adjacent to its existing store to build a new storage centre, continuing its aim of having ‘high quality stores as close to London's city centre as possible’...









