Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
The News Review:
- Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
- Bloomberg.com: Investment Tools
- Hewlett-Packard at Pacific Crest Securities Data Center 3.0 Conference…
Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Feb 29, 2008
Thanks for joining us. Chris and I will make the presentation today and I will start out. I want to talk about the sector, and I will leave the company comments regarding the quarter and the year up to Chris. But I am reminded by a little story I want to start out with in 1994 when we were first taking Storage U. out public we were out doing our initial road show and we had this investment banker who was squiring us around stand up and say we’ve got a great company here for you today, we were making a presentation to about five portfolio managers…
last year in foreclosures. In fact, it was ranked number one in 2006 as well. But last year, if you use the self-storage data service that Ray Wilson provides to our sector every quarter, if you take Ray’s sampling, and it is a very broad sampling, I think over 4,000 facilities around the country, the Detroit market experienced over 10% — 10. 13% year-over-year growth in rental rates. And experienced 8% year over year growth in physical occupancy. That was Detroit, and that was ranked number one. Stockton, California, was ranked number two, and I skipped that one because we don’t have a presence there.
Bloomberg.com: Investment Tools
Bloomberg – Feb 29, 2008
John von Spreckelsen (65) became Chairman of Safestore in October 2004. Richard Grainger (47) was appointed to the Board as a Non-Executive Director last year. Safestore's Chief Executive, Steve Williams, said: "I would like to thank John for his considerable contribution over the past four years. He is handing over to Richard almost exactly a year after our flotation, a year in which we have grown our portfolio of stores and earnings per share…
Previously, Mr von Spreckelsen was the Chief Executive Officer of Budgens plc and served as the Chairman of Somerfield plc. Mr Spreckelsen began his career at Commerzbank Germany and Bank of America International, before becoming the European Finance Director of Bowater Corporation. This information is provided by RNS The company news service from the London Stock Exchange END BOAKGGZZRRFGRZM Last Updated: February 29, 2008 02:02 EST.
Hewlett-Packard at Pacific Crest Securities Data Center 3.0 Conference…
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Feb 29, 2008
0, that we’re going to be talking about the future. Read it, understand it and, in any event, don’t hold me accountable for any forward-looking statements. So what’s causing this? I like to say it’s a great time to be in the storage business. Obviously, HP is much, much broader than a storage company, but there is so much information being created today. And we go back to the Internet bubble. This really, I think, makes that pale in comparison in many ways, because the way information is being created, the way it’s being used, is really changing. Some of these interesting statistics on here — 1.
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