CubeSmart Investor Presentation Deck
High Quality Portfolio | Attractive Demand Profile | Positive Supply Trends | Premier NYC Operator
Recent Trends
Strong operational backdrop driving improved relative performance
Same-Store Average Occupancy,
Three months ended March 31
94.0%
93.0%
92.0%
91.0%
90.0%
+130 bps
NYC Total
-150 bps
■2023 2022
SS Total
10.0%
7.5%
5.0%
2.5%
0.0%
Same-Store Revenue Growth
Three months ended March 31, 2023
7.8%
NYC Total
6.9%
SS Total
Occupancy Strength
Solid demand trends drove
elevated occupancies, as
NYC was the only top-25
MSA to see occupancy
growth in 1923
Rent Growth
Continued waning impact of
new supply has mitigated
prior headwinds to pricing
power
Consistent Growth
Lower beta market drives
steady growth that should
outperform in a period of
macro uncertainty
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