CubeSmart Investor Presentation Deck
Value Creation: JV Partners
Significant investment with joint venture partners has expanded the portfolio
Joint Venture
Advantages
Strong returns through
levered structures and
promotes
Opportunity to purchase
assets at the end of the
hold period
Fee revenue increases
our return profile
Market and cash flow
diversification
Mitigates dilution of lease-
up properties
20 CUBESMART
91 Properties in
5 Ventures¹
HHF
35 properties
$315.7 million Total
CUBE Ownership:
50%
1. As of June 30, 2021
HVP IV
27 properties
$355.6 million Total
CUBE Ownership:
20%
Total Investment:
$931 million¹
HHFNE
13 properties
$87.5 million Total
CUBE Ownership:
10%
CUBE Investment:
$219 million¹
HVPSE
14 properties
$135.3 million Total
CUBE Ownership:
10%
HVPV
2 properties
$37 million Total
CUBE Ownership:
20%View entire presentation