The Scotsman: Big Yellow net asset value up

...Although the recent increases in interest rates and increased tax may have an impact on the consumer and the housing market, it still expected a steady build-up in its occupancy levels. "What happens when people do stop moving? ... They still make decisions. They decide not to move, but to refurbish. They need self storage or they just run out of space ... Storage has a significant number of drivers, not just whether or not house prices are going up or down," Gibson said.
Around 50 percent of its customers are linked to the housing market, while 35 percent use it for lifestyle purposes and as a result of events such as moving abroad for a job, inheriting furniture or getting divorced or married...