SFSHF - Safestore Holdings: A REIT Growing At A Double-Digit Percentage
In Europe, some of the REITs (or the local equivalent status) got hammered in the past six to 12 months as investors were getting scared of the impact of higher interest rates and a lower economic growth rate. Especially the companies focusing on commercial real estate were crushed, but others, like Safestore Holdings (SFSHF) were able to avoid any real selling pressure thanks to an excellent performance and continued growth perspectives.
Source: London Stock Exchange
Safestore is a British REIT and unlike other companies in the UK, there is a 20% dividend withholding