Self Storage Performance Quarterly Q4 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%

1Q11

3Q11

1Q12

3Q12

1Q13

3Q13

1Q14

3Q14

1Q15

3Q15

1Q16

3Q16

Public Storage

Extra Space

CubeSmart

Life Storage

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%

1Q11

3Q11

1Q12

3Q12

1Q13

3Q13

1Q14

3Q14

1Q15

3Q15

1Q16

3Q16

Public Storage

Extra Space

CubeSmart

Life Storage

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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