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Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars)

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Source

Release date

August 2020

Region

United States

Survey time period

Q2 2019 and Q2 2020

Citation formats

Leading self-storage REITs in the U.S. 2019-2020, by effective rate

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 23, 2020
In the second quarter of 2020, the effective rate of self-storage space from Public Storage Inc was U.S. dollars, down from U.S. dollars in the same quarter in 2019. Many REITs delayed rate increases for existing tenants and offered discounted rates for new customers due to the economic slowdown caused by the COVID-19 pandemic. This reduction led to lower year-over-year rental income.
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Topics

Self-storage in the U.S.Construction industry in the U.S.Housing market in the U.S.Millennials homeownership in the U.S.Rental market in the U.S.
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