Public Self Storage Reits

This is the largest self storage company and it acquires develops owns and operates self storage facilities.

Public 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. Public storage is an american international self storage company headquartered in glendale california that is run as a real estate investment trust reit. Psa glendale california. 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.

1 year total return. Self storage reits rent space to both individuals and businesses. As of market close on 9 21 2020. There are more than 2 200 public storage self storage locations in the us canada and europe.

In fact leading self storage reit public storage says it can break even with occupancy just over 30 of its rentable space. Public storage is a california based reit and member of the s p 500. 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.

Risks of investing in self storage reits. It is the largest brand of self storage services in the us. 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.