Executives from self-storage real estate investment trusts (REITs) Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust (NSAT) and Public Storage Inc. will give company presentations during REITWeek 2017, the investor forum for the National Association of Real Estate Investment Trusts (NAREIT). REITWeek will take place June 6-8 at the New York Hilton Midtown hotel in New York City.
Executives from the self-storage firms will join management teams from more than 130 industry REITs as they outline their company strategies in formal investor presentations. REITWeek is attended by pre-qualified investment managers, analysts, bankers and other industry professionals, according to NAREIT.
All four REITs will present for 30 minutes on June 7. Life Storage will be first to speak, from 8:45 to 9:15 a.m. ET, followed by NSAT at 10:15 a.m., Public Storage at 11 a.m. and Extra Space at 11:45 a.m.
The presentations by Life Storage, NSAT and Public Storage will be available online via live, listen-only webcasts on REITStream.com. Extra Space isn’t listed among the scheduled webcasts.
In addition to the live webcast, the Life Storage presentation will be available from the investor-relations page of LifeStorage.com. An audio archive of the webcast will be available for 90 days. Similarly, the Public Storage presentation will be available by visiting the investor-relations section of PublicStorage.com, where it will be available through June 21.
The conference will also include a lunch general session on June 6 featuring journalist Charlie Rose. Rose hosts “The Charlie Rose Show” and “Charlie Rose – The Week” on PBS and is co-host of “CBS This Morning.” Panel sessions will provide perspectives on the economy, industry trends and other investment insights and information, according to show organizers.
NAREIT describes itself as “the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets.” REITWeek is designed to bring a large concentration of REIT management teams into one location, enabling them to share insights and their latest company developments. More information can be found at REIT.com.
Headquartered in Salt Lake City, Extra Space owns or operates 1,441 self-storage properties in 38 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 980,000 units and 109 million square feet of rentable space.
Based in Buffalo, N.Y., Life Storage operates 675 self-storage facilities in 29 states under the Life Storage and Uncle Bob’s brands. Its portfolio of owned and managed facilities comprises more than 45 million square feet.
Headquartered in Greenwood, Colo., NSAT is a self-administered and -managed REIT focused on the acquisition, operation and ownership of self-storage properties within the top 100 U.S. Metropolitan Statistical Areas throughout the United States. The company has ownership interest in 456 storage facilities in 23 states. Its portfolio comprises approximately 28 million net rentable square feet. It's owned by its affiliate operators, who are contributing their interests in their self-storage assets over the next few years as their current mortgage debt matures.
Based in Glendale, Calif., Public Storage has interests in 2,354 self-storage facilities in 38 states, with approximately 155 million net rentable square feet. Operating under the Shurgard brand name, the company also has 220 facilities in seven European countries, with approximately 12 million net rentable square feet.
Sources:
- Public Storage: Public Storage Presentation at NAREIT REITWeek 2017 to be Web Cast
- REIT.com: REITWeek 2017
