Public Self Storage Reits

Psa glendale california.

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. Self storage reits rent space to both individuals and businesses. 1 year total return. Public storage public storage.

Public storage is by far the largest player in the self storage reit space. Risks of investing in self storage reits. This is the largest self storage company and it acquires develops owns and operates self storage facilities. Self storage reits own and manage storage facilities and collect rent from customers.

Public storage is a california based reit and member of the s p 500. As of market close on 9 21 2020. It is the largest brand of self storage services in the us. There are more than 2 200 public storage self storage locations in the us canada and europe.

The company built its first self storage facility back in 1972 but today it has almost 2 400 locations in the u s. 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.