
- Continued uplift in the net rental rate, average net rental rate across the portfolio is now £18.35 per sq.ft. (up £0.19 per sq.ft. from January and £0.52 per sq.ft against the pcm)
- Occupancy levels held firm from January (up 1,500 sqft from January and up 80,000 sqft on pre-COVID levels against the pcm)
- Total revenue (10%) and store EBITDA (21%) higher than the pcm, as a result of higher rental rates and occupancy being achieved across the ASS Portfolio
- Addition of 6,625 sq.ft. of self storage capacity in Grimsby
- Continued demand for self storage, with enquires and reservation numbers up 19% and 3% respectively against the pcm.