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 stocks.
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.
Public storage is a california based reit and member of the s p 500.
Self storage reit stock performance.
Self storage reit stock performance.
109 06 1 year total return.
Leading reit analysts review the outlook for the data center health care industrial infrastructure lodging multifamily office retail self storage and timber real estate sectors.
Life storage has a portfolio of over 750 self storage units across the u s and the stock is up over 2 between jan.
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.
This is the largest self storage company and it acquires develops owns and operates self storage facilities.
As rates rise the interest expense on loans that self storage reits borrow to buy or build facilities.
The defensively oriented and potentially recession resistant self storage reits have delivered impressive outperformance relative to other real estate sectors.