Factbox: Key facts about some listed self-storage REITs
(Reuters) - Shares of self-storage companies have had a strong run this year on expectations of rising foreclosures boosting occupancy rates.
Solid fourth- and first-quarter results reassured investors about the resiliency of the sector, which had been hit by U.S. economic fears last year.
Following are some facts about listed self-storage real estate investment trusts in the United States:
Public Storage (PSA.N), Glendale, California
* Market cap - $14.71 billion
* Revenue - $1.82 billion for 2007
* FFO (Funds from Operation) - $4.78 a share for 2007
* Number of facilities - 2,012 self-storage facilities, 126 million net rentable square feet
* Stock performance - Risen about 31 percent from low of $65.66 on January 9, 2008.
Extra Storage Space Inc (EXR.N), Salt Lake City
* Market cap - $1.12 billion
* Revenue - $238.9 million for 2007
* FFO - $1.09 a share for 2007
* Number of facilities - 654 self-storage properties the properties comprise about 48 million square feet
* Stock performance - Risen about 36 percent from 52-week low of $12.33 on January 9, 2008.
Sovran Self Storage Inc (SSS.N), New York
* Market cap - $961.4 million
* Operating revenue - $193.8 million for 2007
* FFO - $71.3 million for 2007
* Number of facilities - 359 self-storage facilities
* Stock performance - Risen about 30 percent from 52-week low of $33.56 on January 9, 2008.
U-Store-It Trust (YSI.N), Cleveland
* Market cap - $766.5 million
* Annual revenue - $229.2 million for 2007
* FFO - 84 cents a share for 2007
* Number of facilities - About 400 facilities with 26.1 million rentable square feet
* Stock performance - Risen about 75 percent from 52-week low of $7.56 on January 9, 2008.
(Sources: Reuters, company press releases, U.S. SEC filings)
(Compiled by Amulya Nagaraj in Bangalore)
