Lok’nStore’s year-end statement details continued strong trading in FY 2022 and a positive outlook. Self storage revenue was up +17.3%, same-store revenue up +24.9%, prices up +13.0%, high occupancy levels were maintained and early trading from new stores has been strong. We have upgraded our EPS forecasts by +3% (increasing our assumptions on the managed stores) and highlight that the main drivers behind the strong progress in FY 2022 were the occupancy and pricing gains in FY 2021, meaning the ....
