Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types. Investors in self-storage center REITs benefit from the income generated through leasing storage units to t
Get a deeper insight into the potential performance of Extra Space Storage (EXR) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
While Extra Space Storage's (EXR) Q1 results are likely to reflect gains from high brand value and solid presence in key cities, lower new customer rates and high interest rates remain concerns.