CubeSmart (CUBE) Reports In-Line Q4 EPS
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CubeSmart Reports 2016 Annual Results: FFO Per Share Grows 15.2%; Same-Store NOI Increases 10.2%
February 16, 2017 5:00 PM ESTMALVERN, PA -- (Marketwired) -- 02/16/17 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2016.
"Our strong 2016 performance marks the fourth consecutive year of FFO growth exceeding 15% and same-store NOI growth exceeding 9.0%, demonstrating the strength of our operating platform, the dedication and daily focus of our teammates across the country, and the benefit of owning one of the highest quality portfolios in the industry," commented President and Chief Executive Officer Christopher P. Marr. "Demand for storage continues to be steady and broad-based... More
