CUBE

CubeSmart is a self-administered and self-managed real estate investment trust owning and operating self-storage properties throughout the United States. The REIT owns and manages self-storage facilities providing storage units to residential and commercial customers under month-to-month leases. CubeSmart generates revenues from rental fees paid by customers storing belongings, household goods, business inventory, and other items. The company also provides ancillary products including locks, boxes, and insurance. Founded in 2004 and headquartered in Malvern, Pennsylvania, CubeSmart has grown through acquisitions and development to become one of the largest self-storage REITs. The company operates a professional platform with centralized management, revenue management systems, and marketing capabilities. CubeSmart benefits from favorable self-storage industry dynamics including recession resilience, high margins, low capital expenditure requirements, and consolidation opportunities. The REIT faces competitive markets with significant new supply in many markets pressuring occupancy and rates, along with economic sensitivity affecting move-ins. CubeSmart continues to focus on same-store performance optimization, strategic acquisitions, third-party management growth, and technology investments to drive operational excellence and shareholder returns.