CubeSmart (CUBE) Tops Q2 FFO by 1c

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Go back to CubeSmart (CUBE) Tops Q2 FFO by 1c

CubeSmart Reports Second Quarter 2016 Results: FFO Per Share Grows 16.1%; Same-Store NOI Increases 11.0%

July 28, 2016 4:30 PM EDT

MALVERN, PA -- (Marketwired) -- 07/28/16 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2016.

"Double-digit growth in both FFO per share and same-store NOI during the quarter continues to demonstrate the strength of storage fundamentals and the advantages of our sophisticated operating platform," commented President and Chief Executive Officer Christopher P. Marr. "Our team continues to pursue acquisition and development opportunities in our core markets and expand our national third-party management platform. We are delighted to have opened three newly developed, purpose-built storage... More