Sovran Self Storage (SSS) Reports In-Line Q4 FFO, Offers Guidance

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Sovran Self Storage Reports Fourth Quarter Results; Adjusted FFO per Share Increases 13.3%, Issues Guidance for 2016

February 17, 2016 4:15 PM EST

BUFFALO, N.Y.--(BUSINESS WIRE)-- Sovran Self Storage, Inc. (NYSE: SSS), a self storage real estate investment trust (REIT), reported operating results for the quarter and year ended December 31, 2015.

Fourth Quarter 2015 Highlights:

Achieved adjusted funds from operations per fully diluted common share of $1.28, representing a 13.3% increase over the same period last year.... More