SMA news

SmartStop expanded its North American platform with equity investments and joint ventures in Canada and the U.S. and raised its 2026 FFO guidance. It also initiated a strategic asset management program.

Strategic Storage Trust VI, Inc. opened its second self-storage facility in Greater Montreal, a 124,000 sq ft Class A property with 1,450 climate-controlled units. The expansion strengthens the company's market presence in high-demand urban markets across North America.

Strategic Storage Trust VI posted total revenues of $7.8 million with 6.5% growth and same-store NOI up 2.0%, though net loss attributable to common stockholders increased 18.7% due to foreign currency adjustments and investments in unconsolidated ventures. Same-store occupancy declined 1.5 percenta…