- This small-cap REIT is rapidly growing, and still it has a very low leverage.
- Revenue and NOI growth outperform its peers, although historical total returns lag significantly.
- The 4.3% dividend yield is well covered by the company's FFO.
- They follow a geographical differentiation strategy, by investing in low profile locations, with limited competitor presence.
- Overall, an interesting company and a potential long opportunity, although the active share offering may stall the share price for a while.
For further details see:
Global Self Storage: Low Leverage, High Dividend, Questionable Performance