Monday, November 26, 2007

Big Yellow agrees 150m partnership

LONDON (SHARECAST) - Self storage firm Big Yellow has agreed a 150m partnership with funds managed by Pramerica Real Estate Investors to develop up to 25 stores in the Midlands, the North of England and Scotland.

Big Yellow and Pramerica are investing up to 25m and 50m respectively. The partnership will have a four-year exclusivity period on the defined territory.

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