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ARMADILLO FY21 TRADING RESULTS AHEAD OF FY20 DESPITE COVID-19

 

corona virus update

Armadillo Self Storage trading highlights for July 2020:

  • Occupancy levels back to those achieved in July 2019 (the prior period corresponding month), recovering from the marginal drop across Q1FY21 linked to CV-19
  • Total Revenue higher than July 2019, driven by higher rental rates. Total Revenue for FY21 remains ahead of FY20 year to date
  • Encouraging lead indicators of future demand for the remainder of Q2FY21, with prospects and reservations above July 2019 levels.
  • Creating investment opportunities in global self storage markets.