Core Insights - Precision Global Corporation (PGC) has partnered with CubeSmart to manage four self-storage properties in Texas, highlighting PGC's growth and commitment to operational excellence [1][2] - CubeSmart officially took over management of these properties on July 25, 2025, marking a significant milestone in PGC's expansion in the self-storage sector [2] - The partnership aims to enhance customer experience and operational performance through CubeSmart's proven management model [3][4] Company Overview - Precision Global Corporation is a private equity firm focused on real estate investment and development, particularly in high-growth, income-producing assets like self-storage and RV parks [5] - CubeSmart, founded in 2004, is a publicly traded REIT and a leading operator in the self-storage industry, managing over 1,300 facilities across the U.S. [6]

Key Takeaways EXR is projected to post a 3.1% year-over-year rise in total revenues for the second quarter of 2025.Revenue gains will likely stem from brand strength, acquisitions, and gains across key operating segments.FFO per share is expected to stay flat, weighed down by rising interest costs and market competition.Extra Space Storage (EXR) , a leading self-storage real estate investment trust (REIT) in the United States, is set to release its second-quarter 2025 results on July 30, after market close. ...

Core Insights - Extra Space Storage Inc. (EXR) has experienced a share price increase of 15.5% over the past three months, outperforming its industry average of 10.3% and its peers like Public Storage (PSA) and National Storage Affiliates Trust (NSA) [1][8] - The company has demonstrated strong fundamentals, with a solid long-term outlook, but current valuations and macroeconomic uncertainties suggest a "Hold" stance may be prudent [2][18] - Extra Space Storage has increased its dividend six times in the past five years, with a five-year annualized dividend growth rate of 12.61% [3] Financial Performance - In Q1 2025, EXR reported core funds from operations (FFO) per share of $2.00, exceeding the Zacks Consensus Estimate of $1.96, and reflecting a 2% increase from the prior year [4][8] - Same-store occupancy was reported at 93.4%, indicating strong operational performance [4][8] Strategic Growth - The company acquired 12 operating stores for $153.8 million in Q1 2025 and added 113 stores to its third-party management platform [5] - EXR's focus on improving its balance sheet includes reducing secured debt and increasing the size of its unencumbered asset pool, with 78.8% of total debt being fixed-rate as of March 31, 2025 [6][9] Market Dynamics - Demand for self-storage is supported by lifestyle changes such as downsizing and remote work, contributing to strong occupancy rates [6] - The self-storage asset class is characterized by low capital expenditure requirements and high operating margins, making it resilient during economic downturns [6] Valuation Concerns - Despite solid fundamentals, EXR's stock is trading at a forward price-to-FFO multiple of approximately 18.38X, which is higher than its industry peers [12][13] - The stock's valuation has become stretched after its recent performance, leading to caution for new investors [12][18] Revenue Growth Challenges - The company anticipates challenges in revenue growth due to new customer price sensitivity, projecting negative growth in same-store revenues for the full year 2025 [16] - Same-store net operating income (NOI) is expected to range from negative 3.00% to 0.25% growth [16] Investment Outlook - Extra Space Storage is viewed as a sector leader with strong cash flows and an attractive dividend, but the recent rally has priced in much of the near-term upside [17][18] - Investors are advised to maintain their positions while monitoring upcoming earnings and macroeconomic developments, with new investors potentially waiting for a pullback before entering [18]

MALVERN, Pa., July 01, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2025 after the market close on Thursday, July 31, 2025. An accompanying conference call will be held at 11:00 a.m. ET on Friday, August 1, 2025. A live webcast of the conference call will be available online from the investor relations page of the Company’s corporate website at investors.cubesmart.com. Telephone participants may join ...

May 2024 Investor Presentation CUBESMART® self storage Safe Harbor Statement The forward-looking statements contained in this presentation are subject to various risks and known and unknown uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, there can be no assurance that the Company's expectations will be achieved. Factors which could cause the Company's actual results, performance, or achievements to differ signifi ...

Group 1 - StorageVault Canada Inc. has completed the acquisition of seven stores and one adjacent vacant parcel of land for an aggregate purchase price of $71.9 million [1][2] - The funding for the acquisitions was sourced from funds on hand, a promissory note, and mortgage financing [2] - The Related Party Acquisitions, totaling $21.9 million, involved Access Self Storage Inc. as the vendor and were classified as related party transactions under MI 61-101 [3] Group 2 - StorageVault operates 258 storage locations across Canada, owning 228 of these locations and over 5,000 portable storage units, totaling over 12.9 million rentable square feet [4] - The company also provides last mile storage and logistics solutions, as well as professional records management services [4]

Key Takeaways EXR is expanding via acquisitions, joint ventures and third-party management to fuel long-term growth. A diversified portfolio and solid financials help EXR leverage the industry's recession-resilient nature. High supply and customer price sensitivity are limiting EXR's pricing power and pressuring revenue growth.Extra Space Storage (EXR) is well-positioned to gain from its high brand value, geographically diversified portfolio and the self-storage industry’s need-based and recession-resilie ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX announced today that a quarterly dividend of $0.002961 per common share (“Common Share”) ‎will be payable on ‎July 15, 2025 to shareholders of record on June 30, 2025, with an ex-dividend ‎date of June 30, 2025. This dividend has been designated as an “eligible dividend” for Canadian ‎income tax ‎purposes.‎ ‎ About StorageVault Canada Inc.As of March 31, 2025, StorageVault owned and operated 25 ...

USA | REITs Equity Research Storage Weekly: What Drives Storage Demand? Y/Y SS asking rents were down -1.8% on avg, a 60 bps deterioration from last week's -1.2%. On a Y/Y basis, PSA was up +4.5%, followed by EXR (+0.2%), LSI (-1.3%), and CUBE (-10.5%). This week, we share a few insights from the 2022 Storage Demand Study. Younger Users Fuel Demand: As of 2022, Gen-Z and Millennials are using self-storage at a 16% rate, well above the 11% national average (and Boomers at 5%), per the SSA's 2022 demand study ...

Flag hanging on a facadegettyWall Street analysts have “Buy” ratings on 388 stocks in the S&P 500. That’s over 76% of the index!Thank you, suits, for the curation. No, seriously. We contrarians are going to comb through the Holds and, even, the lone Sell.Analyst optimism is the norm. Analysts need access, companies provide them with access. One hand washes the other, thus it is rare to see unfavorable ratings on stocks.The problem with a Buy rating is that there is nobody left to upgrade the stock. Every de ...