Big Yellow Group Acquires Freehold Site in Slough, UK.
MANews-(C)2009-2022
UK-based self-storage company Big Yellow Group plc (LSE: BYG) (OTC: BYLOF) has exchanged contracts to acquire a site on Farnham Road in Slough from UK-based property investment and development firm Segro plc (OTC: SEGXF), the company said.
The site falls within the Slough Trading Estate Simplified Planning Zone Scheme.
The SPZ sets out a series of conditions and provided that a development fully complies with these conditions then we do not need to secure a full planning permission to develop our proposed 62,000 sq ft store on the site.
As part of this transaction, the Group has also agreed to...
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