Self Storage Performance Quarterly Q3 2016

Self Storage Performance Quarterly

Real Estate Investment Trust Percent Change in Operating Expenses Same Store Portfilio

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

Percent Change

-2.0%

-4.0%

-6.0%

-8.0%

4Q10

2Q11

4Q11

2Q12

4Q12

2Q13

4Q13

2Q14

4Q14

2Q15

4Q15

2Q16

Public Storage

Extra Space

CubeSmart

Sovran

Average

Real Estate Investment Trust Percent Change in Net Operating Income Same Store Portfilio

14.0%

12.0%

10.0%

8.0%

6.0%

Percent Change

4.0%

2.0%

0.0%

4Q10

2Q11

4Q11

2Q12

4Q12

2Q13

4Q13

2Q14

4Q14

2Q15

4Q15

2Q16

Public Storage

Extra Space

CubeSmart

Sovran

Average

Source: Cushman & Wakefield, Inc. The Self Storage Performance Quarterly , a publication of Cushman & Wakefield, Inc., is intended solely for use by paid subscribers. Reproduction or distribution in whole or part without written permission is prohibited and subject to legal action. Copyright ® 2016

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