PSA News and Press, Public Storage From 08/01/23

Public Storage will host 133 solar projects on facility rooftops to provide historically overlooked communities with affordable renewable energy Public Storage (NYSE:PSA), the nation’s leading self-storage owner, and Solar Landscape , the leading commercial and indust...

2023-07-30 09:00:00 ET Summary U.S. equity markets climbed to the highest levels since early 2022 as investors analyzed a frenzied slate of corporate earnings results, economic data, and central bank policy decisions. Gaining for a third-straight week, the S&P 500 advanced 1.0...

2023-07-25 08:30:00 ET Summary The Fund invests primarily in income-producing real estate businesses of any size. In the first six months of 2023, Baron Real Estate Income Fund increased 8.19%, outperforming the MSCI US REIT Index, which increased 4.78%. We believe forecasts o...

2023-07-25 04:59:46 ET Public Storage ( NYSE: PSA ) priced a public offering o f $2.2B aggregate principal amount of senior notes primarily to fund the recently announced Simply Self Storage acquisition . The multi-tranche offering includes the company’s inaugural...

Public Storage (NYSE:PSA, the “Company”) announced today that the Company has priced a public offering of $2.2 billion aggregate principal amount of senior notes (the “Notes”) primarily to fund the recently announced Simply Self Storage acquisition. The multi-tranche o...

2023-07-24 09:26:00 ET U.S. stock index futures on Monday pointed to a slightly higher open, with the focus squarely on the busiest part of the second quarter earnings season and a host of central bank meetings this week. Market participants will receive financial reports from several h...

2023-07-24 08:53:06 ET More on Blackstone, Public Storage, etc. Blackstone's Q2 2023: Breaking Through The Trillion Dollar Ceiling Blackstone: First Alternative Asset Manager To Hit $1 Trillion In Assets Under Management Blackstone Inc. ( BX ) Q2 2023 Earnings ...

Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement for Public Storage to acquire Simply Self Storage (“Simply”) from BREIT for $2.2 billion. The portfolio comprises 127 wholly...

2023-07-23 07:00:00 ET Summary I’ve seen studies showing that real estate is the most common source of value creation for millionaires. Many investors aren’t comfortable with a debt-fueled real estate empire plan or the hassles of being a landlord, and that's where t...

2023-07-21 08:24:32 ET Summary Extra Space Storage is trading at a 5.8% implied cap rate, the lowest in five years, and is expected to see a total return of over 20% in the next year due to the acquisition of LSI and a well-protected dividend. Despite underperforming the Vanguard ...