
Financial Performance Highlights - Total revenue for Q4 2022 increased by 0.7% to $721.5 million compared to the same quarter of the prior year[13] - Total NOI for Q4 2022 increased by 16.6% to $188.2 million year-over-year[16] - Core EBITDA for Q4 2022 increased by 10.6% to $136.8 million, or 13.6% on a constant currency basis[17] - Global Warehouse segment revenue increased by 8.0% to $598.7 million in Q4 2022[14] - Global Warehouse segment NOI increased by 14.2% to $172.3 million in Q4 2022[14] - Global Warehouse segment same-store revenue increased by 8.3%, or 10.9% on a constant currency basis, in Q4 2022[14] - Global Warehouse segment same-store NOI increased by 13.1%, or 15.4% on a constant currency basis, in Q4 2022[14] Operational Metrics - As of December 31, 2022, the company operated 242 temperature-controlled warehouses encompassing approximately 1.4 billion cubic feet[4] - Total liquidity as of December 31, 2022, was approximately $681.6 million[31] - Total debt outstanding was $3.3 billion, with 93% in an unsecured structure[31] - Economic occupancy for the total warehouse segment was 83.8% for Q4 2022, a 601 bps increase compared to Q4 2021[23, 29] - Economic occupancy for the warehouse segment same store pool was 85.0% for Q4 2022, a 634 bps increase compared to Q4 2021[23, 29] Future Outlook - The company announced its 2023 annual AFFO per share guidance to be within the range of $1.14 - $1.24[33]