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 | 49.85 | 4.25% | Quarter | 16.8 | 14% | 1.8% | |
EXR | Extra Space Storage | Self-Storage | 30.31 | 4.59% | Quarter | 17.3 | 29% | 1.6% | |
CUBE | CubeSmart | Self-Storage | 9.31 | 5.11% | Quarter | 15.7 | 24% | 2.3% | |
NSA | National Storage | Self-Storage | 3.95 | 7.50% | Quarter | 13.9 | 47% | 7.2% | |
SMA | SmartStop | Self-Storage | 2.12 | 4.19% | Monthly | 19.8 | -- | 10.5% | |
SELF | Global Self Storage | Self-Storage | 0.06 | 5.65% | Quarter | 12.5 | 26% | 0.2% |