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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Indefensible   😊 😞
Number: of 86249 
Subject: Re: UK REITs at bargain prices.
Date: 10/04/26 12:41 PM
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"Their earnings have been temporarily suppressed by an effect called 'lease-up' where it takes about 5 years from finishing a new store to having stable occupancy e.g. 75-85%."

I was reading somewhere that Safestore is splitting some of its larger stores in the UK and France into smaller units to focus more on non business customers - Do you know if that is likely to be a longer term shift to focus on households or whether its a temporary one until the economies become stronger and demand returns from businesses?

While they are splitting these stores, they are often directing customers to newer stores and that is also impacting their earnings (as the newer stores tend to charge lower rates while it builds up occupancy?)

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