sgroupgasil.blogg.se - Extra space storage

Increased same-store revenue by 21.7% and same-store net NOI by 26.7% compared to the same period in the prior year.

Core FFO was $4.14 per diluted share, representing a 31.8% increase compared to the same period in the prior year.

Achieved FFO of $4.13 per diluted share.

Achieved net income attributable to common stockholders of $3.24 per diluted share, representing a 16.1% increase compared to the same period in the prior year.

Highlights for the six months ended June 30, 2022:

Paid a quarterly dividend of $1.50 per share.

As of June 30, 2022, the Company managed 864 stores for third parties and 304 stores in joint ventures, for a total of 1,168 managed stores.

Added 40 stores (gross) to the Company's third-party management platform.

Originated $70.3 million in mortgage and mezzanine bridge loans and sold $44.7 million in mortgage bridge loans.In conjunction with joint venture partners, acquired 16 operating stores for a total cost of approximately $332.1 million, of which the Company invested $57.6 million.Acquired 12 operating stores and three stores at completion of construction (a "Certificate of Occupancy store" or "C of O store") and completed one development for a total cost of approximately $231.4 million.Reported same-store occupancy of 95.9% as of June 30, 2022, compared to 96.9% as of June 30, 2021.Increased same-store revenue by 21.7% and same-store net operating income ("NOI") by 26.0% compared to the same period in the prior year.FFO, excluding adjustments for transaction related costs ("Core FFO"), was $2.13 per diluted share, representing a 29.9% increase compared to the same period in the prior year. Achieved funds from operations attributable to common stockholders and unit holders ("FFO") of $2.12 per diluted share.Achieved net income attributable to common stockholders of $1.73 per diluted share, representing a 38.4% increase compared to the same period in the prior year.Highlights for the three months ended June 30, 2022: (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, announced operating results for the three and six months ended June 30, 2022.

2, 2022 /PRNewswire/ - Extra Space Storage Inc.