Public Self Storage Reits

1 year total return.
Public self storage reits. As of market close on 9 21 2020. Public storage public storage. Risks of investing in self storage reits. 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.
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. Public storage a member of the s p 500 and ft global 500 is a fully integrated self administered and self managed reit that primarily acquires develops owns and operates self storage facilities. Public storage is an american international self storage company headquartered in glendale california that is run as a real estate investment trust reit. Self storage reits own and manage storage facilities and collect rent from customers.
Public storage is by far the largest player in the self storage reit space. It is the largest brand of self storage services in the us. Self storage reits rent space to both individuals and businesses. In 2008 it was the largest of four publicly traded storage reits.
Psa glendale california. This is the largest self storage company and it acquires develops owns and operates self storage facilities. Public storage is a california based reit and member of the s p 500.