Self-Storage REITs
What Are Self-Storage REITs?
Self-Storage Real Estate Investment Trusts (REITs) own and operate facilities that offer short-term storage solutions to individuals and businesses. These REITs generate income by leasing storage units for a variety of needs, including moving, downsizing, or inventory management.
Why Invest?
Self-storage REITs provide consistent cash flow, driven by high occupancy rates and relatively low operating costs. With growing urbanization, increased mobility, and a rise in e-commerce, demand for storage space remains strong, making these REITs a resilient investment in both good and bad economic times.
Challenges & Outlook
While competition and overbuilding can impact profitability, self-storage remains a stable asset class. As people continue to downsize, relocate, and seek storage for seasonal goods, self-storage REITs are poised for continued growth, providing a solid long-term investment in real estate.
Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
---|---|---|---|---|---|---|---|---|---|
PSA | Public Storage | Self-Storage | 47.41 | 4.45% | Quarter | 16.1 | 12% | 3.0% | |
EXR | Extra Space Storage | Self-Storage | 28.87 | 4.74% | Quarter | 16.8 | 27% | 2.8% | |
CUBE | CubeSmart | Self-Storage | 9.40 | 4.69% | Quarter | 15.7 | 25% | 2.7% | |
NSA | National Storage | Self-Storage | 4.24 | 6.18% | Quarter | 13.6 | 46% | 4.9% | |
SELF | Global Self Storage | Self-Storage | 0.05 | 6.22% | Quarter | -- | 27% | 0.1% |