Specialty REITs are Equity REITs that own and manage a unique mix of property types and collect rent from tenants. Specialty REITs own properties that don’t fit within the major REIT sectors. Examples of properties owned by specialty REITs include movie theaters and outdoor advertising sites. Specialty REITs also include Timberland REIT and Self-storage REITs.
Timberland REITs are Equity REITs that own and manage various types of timberland properties. Timberland REITs include REITs that specialize in harvesting and selling timber, home building and cellulose products.
Self-storage REITs are Equity REITs that own and manage storage facilities and collect rent from tenants. Self-storage REITs rent space to both individuals and businesses.