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.
Self storage reit stocks.
Life storage has a portfolio of over 750 self storage units across the u s and the stock is up over 2 between jan.
The darlings of the reit sector from 2010 through 2015 self storage reits were perhaps the best kept secret within the reit investment community in the.
The defensively oriented and potentially recession resistant self storage reits have delivered impressive outperformance relative to other real estate sectors.
109 06 1 year total return.
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.
This is the largest self storage company and it acquires develops owns and operates self storage facilities.
Self storage reit stock performance.
In addition like any reit self storage reits are vulnerable to interest rate increases.
Self storage reit stock performance.
As rates rise the interest expense on loans that self storage reits borrow to buy or build facilities.
Public storage is a california based reit and member of the s p 500.