PSA News and Press, Public Storage From 08/31/23

2023-08-31 09:00:00 ET Summary Rates Up, REITs Down. Commercial and residential real estate markets remain an easy transmission mechanism - or "punching bag" - of the Federal Reserve's historically swift monetary tightening cycle. Higher For Longer? The business models of many pri...

2023-08-30 17:35:37 ET Summary There has been a lot of trouble from high-yielding REITs. But there might be another way. Cohen & Steers Quality Income Realty Fund offers an 8.3% yield on its current price and provides exposure to safer low and mid-yielding REITs. I take a ...

2023-08-22 07:54:49 ET Summary Net cash and future expectations of enterprise free cash flows are the primary cash-based sources of intrinsic value for a company. Dividends are not a driver of a company's value, but rather a component of capital appreciation that otherwise would h...

2023-08-19 09:00:00 ET Summary REITs are now very opportunistic. But not all REITs are worth buying. I give tips that you should help you avoid painful losses. Right now, real estate investment trusts, or REITs, are priced at their lowest valuations in years. They ar...

2023-08-15 11:30:00 ET Summary After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports within t...

2023-08-10 08:27:26 ET Summary Certain areas of commercial real estate like warehouses and data centers had a strong first half and are well-positioned for growth in the coming periods. Macroeconomic trends like economic uncertainty and downturn have made commercial real estate a ...

PHOENIX, Aug. 09, 2023 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced the appointment of Natalia Johnson to t...

2023-08-07 21:09:34 ET Summary Real estate investors saw rents soar for apartments and industrial/logistics space before cooling down. Plymouth Industrial REIT is trading at a sub-sector multiple of just 12.4(x), but has outperformed its sector peers. Plymouth's redemption of ...

2023-08-07 12:16:49 ET Summary The demand drivers for self-storage are hard to predict. Yet developers have extrapolated pandemic related demand growth to eternity. I think the sector is dangerously oversupplied and both rental rates and occupancy will drop sharply. ...

2023-08-07 09:00:00 ET Summary Most REIT investors prioritize high dividends, while I focus on growth and healthy companies. This article identifies 17 REITs expected to have double-digit FFO per share growth this year or next, and to grow FFO at a 2-year CAGR of 7.5% or better. ...