Big Yellow on a pre-downturn high

Big Yellow said yesterday its March occupancy level will be above the previous September’s level for the first time in five years. The storage company said wholly-owned occupancy of its 32-strong portfolio is at 64 per cent, up from 59.3 per cent this time last year. The group, which last week discovered its service could be subject to VAT, has six trading days of the fiscal year remaining.