Self storage reits rent space to both individuals and businesses.
Top self storage reits.
Another corner of the reit space that s hit the mat hard is self storage.
All the major players public storage psa 1 1 psa extraspace storage exr and cubesmart cube 0 1 cube lag the.
August total return.
The buffalo based company has about 700 self storage facilities with more than.
Public storage currently has a consensus rating of hold but if demand for self storage reits continues to climb it may be well suited for a buy and hold strategy for the long term.
Ytd total return.
Number of reits.
Self storage reits own and manage storage facilities and collect rent from customers.
Below are five of the most promising top self storage reits for investors to consider.
The reit s stable balance sheet moderate leverage ratio at less than 41 and plans for expansion put them high on the list for top self storage reits to invest in.
Real estate investment trusts reits companies that invest in a variety of properties from office buildings to apartments and self storage buildings built big gains in 2019.