lower year-over-year rental income.
In the second quarter of 2020, the effective rate of self-storage space from Public Storage Inc was 17.10 U.S. dollars, down from 17.45 U.S. dollars in the same quarter in 2019. Many REITs delayed rate increases for existing tenants and offered discounted rates for new customers due to the economic slowdown caused by the COVID-19 pandemic. This reduction led to Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars)
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Cushman & Wakefield. (August 28, 2020). Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars) [Graph]. In Statista. Retrieved April 27, 2024, from https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/
Cushman & Wakefield. "Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars)." Chart. August 28, 2020. Statista. Accessed April 27, 2024. https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/
Cushman & Wakefield. (2020). Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars). Statista. Statista Inc.. Accessed: April 27, 2024. https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/
Cushman & Wakefield. "Leading Self-storage Reits in The United States in 2nd Quarter 2019 and 2nd Quarter 2020, by Effective Rate (in U.S. Dollars)." Statista, Statista Inc., 28 Aug 2020, https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/
Cushman & Wakefield, Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars) Statista, https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/ (last visited April 27, 2024)
Leading self-storage REITs in the United States in 2nd quarter 2019 and 2nd quarter 2020, by effective rate (in U.S. dollars) [Graph], Cushman & Wakefield, August 28, 2020. [Online]. Available: https://www.statista.com/statistics/1174231/self-storage-reits-effective-rate-usa/