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.
Self storage reit stocks.
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 stock performance.
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.
Self storage reit stock performance.
Is a self administered and self managed reit that is in the business of acquiring and managing self storage facilities.
In addition like any reit self storage reits are vulnerable to interest rate increases.
Life storage remains a strong reit with five year gains of over.
The defensively oriented and potentially recession resistant self storage reits have delivered impressive outperformance relative to other real estate sectors.
Public storage is a california based reit and member of the s p 500.
As rates rise the interest expense on loans that self storage reits borrow to buy or build facilities.