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

8/31/2023, Source: FTSE
Number of REITs
4
Dividend Yield
4.06%
YTD Total Return
0.48%
August Total Return
-4.09%
2022 Total Return
-26.73%

Quarterly Data

Source: Nareit T-Tracker
Q2 2023 2023
FFO ($M) $1,437 $2,785
NOI ($M) $1,723 $3,390
Dividends paid ($M) $1,124 $2,241
SS NOI 5.05%

List of Self-storage

1 Year Total Return Stock price
CubeSmart
CUBE | Malvern United States | Self-storage
-2.45%
As of market close 09/22/2023
$38.92
Extra Space Storage, Inc.
EXR | Salt Lake City United States | Self-storage
-27.85%
As of market close 09/22/2023
$122.59
Global Self Storage, Inc.
SELF | Millbrook United States | Self-storage
-6.79%
As of market close 09/22/2023
$4.95
Life Storage, Inc.
LSI | Buffalo United States | Self-storage
Not available
National Storage Affiliates
NSA | Greenwood Village United States | Self-storage
-22.03%
As of market close 09/22/2023
$32.78
Public Storage
PSA | Glendale United States | Self-storage
-9.37%
As of market close 09/22/2023
$263.15