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Big Yellow Group buys London estate for £28M

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Big Yellow Group buys London estate for £28M

Big Yellow Group PLC agreed to acquire Wyvern Industrial Estate in New Malden, London, for £28 million.

The company already occupies about half of the property, which includes an 81,000-square-foot store, through an occupational lease that expires in 2026.

Big Yellow plans to fund the transaction through its revolving bank facility.