Self-storage REITs own and manage storage facilities and collect rent from customers. Self-storage REITs rent space to both individuals and businesses.
Who Invests in Self-Storage REITs?
Nearly 150 million Americans live in households that invest in REITs. With their historically competitive total returns and comparatively low correlation with other assets make them an attractive addition and diversifier for many Americans’ portfolios.
How to Invest in Self-Storage REITs
There are currently 5 self-storage REITs listed on the FTSE Nareit US Real Estate Indexes available to invest in directly, or an individual can invest through REIT mutual funds or exchange-traded funds (ETFs).
Overview
1/31/2024, Source: FTSE
Number of REITs
4
Dividend Yield
4.44%
YTD Total Return
-8.18%
January Total Return
-8.18%
2023 Total Return
18.49%
Quarterly Data
Source: Nareit T-Tracker
| Q3 2023 | 2023 | |
|---|---|---|
| FFO ($M) | $1,396 | $4,036 |
| NOI ($M) | $1,704 | $1,704 |
| Dividends paid ($M) | $1,022 | $3,154 |
| SS NOI | 1.67% |
