CubeSmart (CUBE) Tops Q1 FFO by 1c

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Go back to CubeSmart (CUBE) Tops Q1 FFO by 1c

CubeSmart Reports First Quarter 2015 Results: Same-Store NOI Increases 9.5%; FFO per Share Grows 12.0%

April 30, 2015 4:45 PM EDT

MALVERN, PA -- (Marketwired) -- 04/30/15 --

CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2015.

CubeSmart President and Chief Executive Officer Christopher P. Marr commented, "Our strong performance to start the year demonstrates the Company's continued ability to leverage its operating platform to drive effective rent and occupancy growth throughout the portfolio. Customer demand trends remain positive, and new supply, while picking-up in a few select markets, remains well below historical levels. Heading into the busy rental season, we are... More