* Says January starts positively
* Revenue for 51 wholly owned stores rises 7 pct
* Revenue from 10 partnership stores more than doubles
Jan 13 UK self-storage firm Big Yellow Group
Plc (BYG.L) said third-quarter store revenue rose on higher
occupancy and that January started positively with reservations
growing in line with last year.
Big Yellow, which has 61 stores and a further nine in
development, said third-quarter revenue from the 51 wholly
owned stores rose 7 percent from the year-ago period to 15
million pounds ($23.64 million).
Total store revenue from 10 partnership stores more than
doubled to 1.1 million pounds.
Big Yellow, whose stores are mainly in London and southeast
England, said closing occupancy was 1,874,000 square feet
across 51 wholly owned stores, representing 58 percent of the
Shares of the company have risen 11.5 percent in the last
six months, compared with a 20 percent rise in FTSE Mid 250
Index .FTMC. They closed at 337.60 pence on Wednesday on the
London Stock Exchange.
(Reporting by Purwa Naveen Raman in Bangalore; Editing by Vinu