With over 2,850 self-storage facilities in 40 states and about 200 million square feet of rentable space, Public Storage is the biggest self-storage facility owner in the USA. It has exposure to the European self-storage market via Shurgard Self Storage through equity interests. Additionally, the company has a merchandising business, a third-party property management business, and an insurance business that offers coverage for the goods stored in self-storage facilities to cover potential losses.
Public Storage is a publicly traded Real Estate Investment Trust (REIT). REITs are typically real estate companies that own, acquire, develop, and manage properties. As such, Public Storage’s primary income derives from rental revenue generated by the self-storage facilities they own. The company also earns additional income from ancillary property services related to the self-storage business. By investing in Public Storage, investors will benefit from consistent rental income along with potential capital appreciation as the company acquires and develops more properties.
With its expansive network of self-storage facilities, Public Storage is poised to benefit from the rising demand for storage space. Moreover, it provides a reliable and dividend-yielding investment opportunity for investors seeking exposure to the real estate market. Public Storage has the potential to deliver long-term capital appreciation and steady dividends, making it an attractive option for investors.
By investing in Public Storage, investors will benefit from consistent rental income along with potential capital appreciation as the company acquires and develops more properties. This is an ideal investment for those looking to generate passive income from the real estate market. With its expansive network of self-storage facilities, Public Storage is poised to benefit from the rising demand for storage space, providing investors with a reliable and dividend-yielding investment opportunity. Investing in Public Storage has the potential to deliver long-term capital appreciation and steady dividends, making it an attractive option for investors. Invest wisely and reap the rewards!