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nlightn

10/14/14 7:22 AM

#216755 RE: nlightn #216754

$CUBE,...CubeSmart and Sovran Self Storage started at Buy at Jefferies

"CubeSmart and Sovran Self Storage are benefiting from robust self-storage fundamentals and should deliver FFO growth at the higher end of the sector in 2015 due to 1) a larger impact from acquisitions given their smaller portfolio size; 2) potential for higher occupancy gains vs peers; and 3) SSS’ focus on smaller markets with less competition."

Also noted by analyst George Hoglund is a discounted valuation compared to the two's larger industry peers Public Storage and Extra Space Storage.