by John Stevens
June 9, 2011 10:14 AM
It is REIT week and self storage investors have a reason to party. The annual meeting, sponsored by the National Association of Real Estate Investment Trusts (NAREIT), opened in New York on Tuesday just in time for investors to celebrate the strong performance that the U.S. Real Estate Investment Trust (REIT) industry has posted so far this year. And self storage is leading the pack. Nearly all major property types posted double-digit gains, but self storage companies outshined with an 18.4 percent return. In the last 12 months, self storage REITs returned 29 percent.
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