AcquisitionsSVI has successfully acquired properties worth $204.5 million, surpassing management’s initial target.
Financial PerformanceThe same-property NOI margin is significantly higher for newly acquired properties compared to older ones, indicating strong financial performance.
ValuationStorageVault trades at an 11.9% discount to its NAV estimate, offering an attractive valuation compared to US self-storage REITs that trade at a premium.