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PSA - High-Quality Outperformance With Public Storage
Public Storage
The self-storage industry is one of the hottest and most promising industries to put real estate money to work.
The largest player Public Storage is back on track as it sees higher occupancy rates, strong rent growth, higher NOI growth, and room to hike its dividend again.
The valuation isn't cheap but I have little doubt that PSA will continue to generate outperforming returns.