Financial Performance - Total revenue reached $393.1 million, a 0.5% increase year-over-year, or a 2.8% increase on a constant currency basis[14] - Global Warehouse segment revenue was $289.6 million, up 1.1% from the previous year, or 3.4% on a constant currency basis[14] - Total contribution (NOI) amounted to $98.7 million, a 1.4% increase compared to last year, or 3.0% on a constant currency basis[14] - Core FFO reached $39.9 million, or $0.26 per diluted common share, compared to $34.8 million in the same quarter last year[14] - AFFO was $44.3 million, or $0.29 per diluted common share, compared to $39.9 million in the same quarter last year[14] Acquisitions and Expansions - The company acquired Cloverleaf Cold Storage for $1.24 billion, adding 22 temperature-controlled facilities with 132 million refrigerated cubic feet[32] - Lanier Cold Storage was acquired for $82 million, adding two temperature-controlled facilities with 14 million refrigerated cubic feet[32] - PortFresh was acquired for approximately $35.9 million, including a temperature-controlled operator and 163 acres of land[14, 27] - Plans to build a new 15 million cubic foot temperature-controlled storage facility in Savannah, Georgia, with anticipated spending of $55 to $65 million[14, 27] Operational Metrics - The company operated a global network of 179 temperature-controlled warehouses encompassing over 1 billion cubic feet[5] - Global Warehouse segment same store revenue grew 0.4%, or 2.7% on a constant currency basis[14] - Fixed commitment rent and storage revenue accounted for 43.0% of total rent and storage revenues[25]

Financial Performance Highlights - Total revenue reached $438.5 million, marking an 11.1% increase compared to the same quarter last year[13] - Total NOI increased by 23.3% to $121.1 million compared to the same quarter last year[13] - Core EBITDA grew by 27.1% to $93.6 million, or 28.6% on a constant currency basis, compared to the same quarter last year[13] - Global Warehouse segment revenue increased by 17.6% to $338.2 million compared to the same quarter last year[13] - Global Warehouse segment NOI increased by 25.3% to $113.8 million compared to the same quarter last year[13] - Global Warehouse same store revenue grew 1.5%, or 3.4% on a constant currency basis, with same store segment NOI improving 4.9%, or 6.2% on a constant currency basis[13] Strategic Acquisitions and Capital Deployment - The company completed $1.3 billion in acquisitions during the second quarter, including Cloverleaf Cold Storage for $1.25 billion and Lanier Cold Storage for $82.6 million[11, 13] - The company completed a land purchase in Sydney, Australia for $45.5 million[18] Occupancy and Fixed Commitments - For the second quarter of 2019, economic occupancy for the total warehouse segment was 76.8% and warehouse segment same store pool was 76.7%[27] - On a combined pro forma basis, 38.3% of rent and storage revenues were generated from fixed commitment storage contracts[26]

Financial Performance Highlights - Total revenue for Q3 2019 increased by 160% to $4662 million compared to the same quarter last year[12] - Total NOI for Q3 2019 increased by 189% to $1207 million compared to the same quarter of the prior year[12, 16] - Core EBITDA for Q3 2019 increased by 216% to $934 million, or 234% on a constant currency basis[12] - Global Warehouse segment revenue increased by 230% to $3656 million in Q3 2019[12] - Global Warehouse segment NOI increased by 211% to $1134 million in Q3 2019[12] Warehouse Operations - Global Warehouse segment same-store revenue grew by 20%, or 33% on a constant currency basis[12] - Global Warehouse segment same-store NOI improved by 10%, or 23% on a constant currency basis[12] - As of September 30, 2019, the company operated 176 temperature-controlled warehouses with over 1 billion cubic feet[4] - Fixed commitment rent and storage revenue accounted for 400% of total rent and storage revenues on a pro forma basis[27] Capital Structure and Liquidity - The company had total liquidity of approximately $15 billion as of September 30, 2019[30] - Total debt outstanding was $19 billion, with 76% in an unsecured structure[30] - Net debt to pro forma Core EBITDA was approximately 41x[30]

Financial Performance Highlights - Total revenue for Q4 2019 increased by 169% to $4860 million compared to the same quarter of the prior year[12] - Total NOI for Q4 2019 increased by 268% to $1378 million compared to the same quarter of the prior year[12] - Core EBITDA for Q4 2019 increased by 288% to $1091 million or 296% on a constant currency basis[12] - Global Warehouse segment revenue increased 256% to $3838 million for Q4 2019[12] - Global Warehouse segment NOI increased 289% to $1295 million for Q4 2019[19] Warehouse Operations - As of December 31 2019 the company operated 178 temperature-controlled warehouses encompassing over one billion cubic feet[4] - Global Warehouse segment same store revenue grew 34% or 45% on a constant currency basis for Q4 2019[19] - Global Warehouse segment same store NOI improved 91% or 100% on a constant currency basis for Q4 2019[19] - Economic occupancy for the total warehouse segment was 831% and warehouse segment same store pool was 846% for Q4 2019[29] Capital Activities - The company completed $14 billion of strategic acquisitions during 2019[11] - The company had total liquidity of approximately $14 billion as of December 31 2019[31]

Financial Performance Highlights - Total revenue increased by 100% to $4825 million for the second quarter of 2020[11] - Total NOI increased by 60% to $1283 million for the second quarter of 2020[11] - Core EBITDA increased by 74% to $1005 million, or 86% on a constant currency basis, for the second quarter of 2020[11] - Global Warehouse segment revenue increased by 101% to $3724 million for the second quarter of 2020[11] - Global Warehouse segment NOI increased by 55% to $1201 million for the second quarter of 2020[11] Same-Store Performance - Global Warehouse segment same store revenue grew 15%, or 30% on a constant currency basis, for the second quarter of 2020[17] - Global Warehouse segment same store NOI declined by 05%, or increased by 07% on a constant currency basis, for the second quarter of 2020[17] - Excluding the front-line appreciation bonus of $31 million for same store sites, NOI growth would have been 40%[17] Balance Sheet and Liquidity - The company had total liquidity of approximately $12 billion as of June 30, 2020[31] - Total debt outstanding was $20 billion, with 77% in an unsecured structure[31] - The company's real estate debt has a remaining weighted average term of 63 years and carries a weighted average contractual interest rate of 360%[31] 2020 Outlook - The company is revising its AFFO per share guidance from $122 - $130 to $124 - $130 for 2020[34]

Financial Performance Highlights - Total revenue increased by 35.7% to $654.7 million in Q2 2021 compared to Q2 2020[11] - Total NOI increased by 21.0% to $155.3 million in Q2 2021 compared to Q2 2020[11] - Global Warehouse segment revenue increased by 35.3% to $503.7 million in Q2 2021 compared to Q2 2020[11] - Core EBITDA increased 17.7% to $118.3 million in Q2 2021[11] - AFFO was $71.7 million, or $0.28 per diluted common share in Q2 2021[11] Warehouse Segment Performance - Global Warehouse segment NOI increased 20.2% to $144.4 million in Q2 2021[11] - Global Warehouse segment same store revenue increased 2.1% in Q2 2021[11] - Global Warehouse segment same store NOI decreased by 0.8% in Q2 2021[11] - Total warehouse segment revenues were $989.2 million for the six months ended June 30, 2021[84] - Warehouse segment contribution was $290.9 million for the six months ended June 30, 2021[84] Acquisitions and Developments - The company completed the acquisition of KMT Brrr! in New Jersey for $71.1 million on May 5, 2021[11] - The company closed on the acquisition of ColdCo in St Louis, Missouri for $20.5 million on August 2, 2021[14] - The company entered into a purchase agreement to acquire Newark Facility Management in Newark, New Jersey for $376.5 million[14] - The company entered into a purchase agreement to acquire Lago Cold Stores in Brisbane, Australia for A$106.4 million[14]

Financial Performance Highlights - Total revenue increased by 425% to $7088 million in Q3 2021[15] - Total NOI increased by 151% to $1558 million in Q3 2021[15] - Core EBITDA increased by 102% to $1147 million in Q3 2021[15] - Global Warehouse segment revenue increased by 397% to $5420 million in Q3 2021[15] - Global Warehouse segment NOI increased by 135% to $1450 million in Q3 2021[15] Acquisitions and Expansions - Acquired ColdCo in St Louis Missouri for $205 million on August 2 2021[15] - Acquired Newark Facility Management in Newark New Jersey for $3765 million on September 1 2021[15] - Completed expansion project in Calgary Canada for C$132 million[15] Portfolio and Occupancy - As of September 30 2021 the company operated a global network of 248 temperature-controlled warehouses[5] - As of September 30 2021 total liquidity was approximately $08 billion and total debt outstanding was $30 billion[40] - As of September 30 2021 391% of rent and storage revenue was generated from fixed commitment storage contracts[37]

Financial Performance Highlights - Total revenue increased by 11.5% to $729.8 million in the second quarter of 2022[13] - Total NOI increased by 8.3% to $168.3 million in the second quarter of 2022[13] - Core EBITDA increased by 1.6% to $120.2 million in the second quarter of 2022, or 3.5% on a constant currency basis[13] - Global Warehouse segment revenue increased by 12.0% to $564.4 million in the second quarter of 2022[13] - Global Warehouse segment NOI increased by 4.6% to $151.0 million in the second quarter of 2022[13] - Global Warehouse segment same store revenue increased 5.9%, or 8.1% on a constant currency basis, in the second quarter of 2022[13] - Global Warehouse segment same store NOI increased by 1.6%, or 3.1% on a constant currency basis, in the second quarter of 2022[13] Portfolio and Capital Activities - As of June 30, 2022, the company had total liquidity of approximately $596.9 million[33] - Total debt outstanding was $3.2 billion, with 83% in an unsecured structure[33] - On June 2, the company executed a joint venture agreement contributing its Chilean operations (valued at $37 million) in exchange for a 15% ownership stake in the LATAM JV, recognizing a $4.1 million loss[13] Outlook - The company maintained its 2022 annual AFFO per share guidance to within the range of $1.00 - $1.10[35]

Financial Performance - Total revenue for Q1 2024 was $665 million, a 1.7% decrease compared to $676.5 million in Q1 2023 [12, 18] - Total NOI increased by 12.4% to $210.8 million in Q1 2024 from $187.6 million in Q1 2023 [12, 19] - Core FFO for Q1 2024 was $77.3 million, or $0.27 per diluted share, compared to $60.8 million, or $0.22 per diluted share, in Q1 2023 [12, 20] - AFFO for Q1 2024 was $104.9 million, or $0.37 per diluted share, compared to $79.9 million, or $0.29 per diluted share, in Q1 2023 [12, 21] Warehouse Segment Performance - Global Warehouse segment revenue was $597.7 million in Q1 2024, a 0.4% increase from $595.1 million in Q1 2023 [23, 25] - Global Warehouse contribution (NOI) was $197.1 million in Q1 2024, a 12.8% increase from $174.8 million in Q1 2023 [23, 26] - Global Warehouse same store revenue decreased 0.7% on an actual basis but increased 0.8% on a constant currency basis [12] - Global Warehouse same store NOI increased 8.6% on an actual basis and 10.1% on a constant currency basis [12] - Global Warehouse services margins delivered record first quarter margins of 10.7% [11] Occupancy and Fixed Commitments - Economic occupancy for the total warehouse segment was 79.4%, while the same store pool was 80.9% [23, 29] - Approximately 54.2% of rent and storage revenue was generated from fixed commitment storage contracts [28] - Fixed commitment rent and storage revenue was $597.9 million [27] 2024 Outlook - Warehouse segment same store revenue growth (constant currency) is projected at 2.5% - 5.5% [14] - AFFO per share is guided to be between $1.38 and $1.46 [14]

Financial Performance Highlights - Total revenue for Q2 2024 reached $661 million, a 1.7% increase compared to $649.6 million in Q2 2023 [12] - Total Company NOI increased by 17.1% to $215.5 million in Q2 2024, up from $184.1 million in Q2 2023 [12] - Global Warehouse same store NOI increased 17.3% in Q2 2024, or 19.3% on a constant currency basis [12] - Core EBITDA for Q2 2024 was $165.5 million, a 22.9% increase from $134.7 million in Q2 2023 [12] - AFFO for Q2 2024 was $109.4 million, or $0.38 per diluted share, compared to $75.6 million, or $0.28 per diluted share, for Q2 2023 [12] Warehouse Segment Performance - Global Warehouse segment revenue for Q2 2024 was $600.4 million, a 3.3% increase from $581.2 million in Q2 2023 [29] - Global Warehouse segment contribution (NOI) was $204.5 million for Q2 2024, an 18.3% increase compared to $172.8 million for Q2 2023 [30] - Global Warehouse segment margin was 34.1% for Q2 2024, a 433 basis point increase compared to Q2 2023 [30] - As of June 30, 2024, $618 million of annualized rent and storage revenues were derived from fixed commitment storage contracts, representing 56.6% of rent and storage revenue on a pro forma basis [31] 2024 Outlook - The company projects warehouse segment same store revenue growth (constant currency) of 2.0% - 4.0% [14] - The company anticipates warehouse segment same store NOI growth (constant currency) to be 900 - 1000 bps higher than associated revenue [14]