The Big Yellow Group Plc is a provider of self storage space in London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 and the South East of England. The Company is listed on the FTSE 250.

History

The Company was founded by Nicholas Vetch, Philip Burks and James Gibson in 1998. It was listed on the Alternative Investment Market

Alternative Investment Market

AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 in 2000. The company converted to a real estate investment trust

Real estate investment trust

A real estate investment trust or REIT is a tax designation for a corporate entity investing in real estate. The purpose of this designation is to reduce or eliminate corporate tax. In return, REITs are required to distribute 90% of their taxable income into the hands of investors...

 in 2007. Later in 2007 it entered into a partnership with funds managed by Pramerica Real Estates Investors to develop another 25 stores in the Midlands, the North of England and Scotland

Scotland

Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...

.

Operations

The company rents secure, clean, dry and well-lit individually lockable space in large warehouses. The company has a strong focus on security and convenience.