National Storage REIT provided earning guidance for Fiscal Year 2023. For the period, the company expects underlying earnings to be 11.5 cents per share, which reflects an 8.5% increase on Fiscal Year 2022, demonstrating the strength of the business through various economic cycles. The reaffirmed guidance reflects the strong performance of NSR's portfolio over the year and is in part driven by a 3.5% increase in Group REVPAM to $269 as at 31 May 2023 (June 2022: $260).