Public Self Storage Reits

There are more than 2 200 public storage self storage locations in the us canada and europe.

Public self storage reits.

This is the largest self storage company and it acquires develops owns and operates self storage facilities. Risks of investing in 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 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.

As of market close on 9 21 2020. 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 is a california based reit and member of the s p 500. 1 year total return.

The company built its first self storage facility back in 1972 but today it has almost 2 400 locations in the u s. Public storage is an american international self storage company headquartered in glendale california that is run as a real estate investment trust reit. Public storage public storage. Self storage reits rent space to both individuals and businesses.

It is the largest brand of self storage services in the us. Psa glendale california. In 2008 it was the largest of four publicly traded storage reits.