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SmartStop Self Storage REIT, Inc. — Third Quarter 2026 Earnings Summary

SmartStop Self Storage REIT, Inc. reported net income of approximately $9.0 million for the third quarter of 2026, representing a significant increase from the same period in 2025. Total self-storage-related revenues reached $68.2 million, while adjusted Funds from Operations (FFO) per share rose to $0.51. The company achieved a 4.9% increase in same-store net operating income, driven by a 2.6% rise in annualized rent per occupied square foot and a 3.8% reduction in operating expenses. Strategic initiatives included a pending $74.3 million CAD investment in Strategic Storage Canada and the initiation of a program to dispose of non-core properties to recycle capital into core markets.

Company
SMARTSTOP SELF STORAGE REIT INC
Sector
Real Estate
Industry
REIT - Industrial