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 stocks.
Self storage reits remained strong through the december sell off despite the reit sector falling rapidly.
There are several reasons self storage has advantages that many other.
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Global self storage inc.
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Self storage facilities have become a popular niche for real estate investors and self storage reits have naturally followed.
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The company s self storage properties are designed to offer affordable easily accessible and secure storage space for residential and commercial customers.
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The exchange traded fund is a good indicator of the strength of reits with a target.
Global self storage inc.
Is a self administered and self managed reit that owns operates manages acquires develops and redevelops self storage properties in the united states.
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Self storage reits have delivered impressive outperformance relative to other real estate sectors amid the ongoing coronavirus pandemic proving to be an unexpected leader following a half decade.