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Self-storage trusts are the hottest Reits in US

Investors pouring into asset class in the search for yield

Published Wed, Aug 6, 2014 · 10:00 PM
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[SEATTLE] Kelsey Smith is a single mother who works as a waitress in Midvale, Utah, and lives with a roommate in a small apartment in the Sugar House neighbourhood of Salt Lake City. Ms Smith, 26, pays US$500 a month for daycare for her three-year-old, which makes it hard to get by on a waitress's pay. She says she's had to move to cheaper lodgings six or seven times.

Rather than drag all her bel…

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