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PSB News and Press, PS Business Parks Inc. From 04/27/21

Stock Information

Company Name: PS Business Parks Inc.
Stock Symbol: PSB
Market: NYSE
Website: psbusinessparks.com

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PSB - PS Business Parks FFO in-line, beats on revenue

PS Business Parks (PSB): Q1 FFO of $1.67 in-line.Revenue of $108.04M (+1.7% Y/Y) beats by $3.04M.Press Release For further details see: PS Business Parks FFO in-line, beats on revenue

PSB - PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2021

PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three months ended March 31, 2021. Operating Results for the Three Months Ended March 31, 2021 Net income allocable to common shareholders for the three months ended March 31, 2021 was $27.9 million, o...

PSB - Who's Buying Into America's Largest Landlords

I don’t frown on VNQ, because many investors are just way too busy to carefully analyze every stock they’re buying. ETFs serve a valuable medium for investors to grab a slice of the great American real estate ETF apple pie known as VNQ. While scale is paramount to su...

PSB - Logistics REITs: Sorry, Out Of Stock

The coronavirus pandemic has exposed the fragility of global supply chains. Demand for industrial real estate space remains insatiable as businesses scramble to invest in logistics resiliency. Order delays and bottlenecks have worsened amid the global economic reopenings, frustrating ...

PSB - PS Business Parks, Inc. to Release First Quarter 2021 Earnings and Host Quarterly Conference Call

PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2021 earnings after the close of business on Tuesday, April 27, 2021. A conference call is scheduled for Wednesday, April 28, 2021, at 10:00 a.m. PDT (1:00 p.m. EDT) to discuss first quar...

PSB - Vereit: Cheap For A Reason

At first glance, VEREIT appears to be undervalued or close to it. Surely, the business offers opportunity to its investors, but there's a downside to it as well. Despite appropriate leverage, the company's track record in recent years leaves a lot to complain about and adjust for....

PSB - PS Business Parks: Why This SWAN Is Worth Owning

PS Business Parks continues to see positive cash rental spreads on new and renewal leases, led by its industrial segment. It maintains a fortress balance sheet, and I see potential for an improvement to the occupancy rate this year. I also highlight the dividend, valuation, and ma...

PSB - PS Business Parks names Dan Chandler III as president and CEO

PS Business Parks (PSB) names Dan "Mac" Chandler III as its president and CEO, effective April 5, 2021. He joins the company from shopping center REIT Regency Centers (REG), where he was executive vice president and chief investment officer.John W. Petersen, the company's interim president an...

PSB - PS Business Parks, Inc. Names Mac Chandler as President and Chief Executive Officer

PS Business Parks, Inc. (NYSE:PSB) announced today that Dan “Mac” Chandler, III has been appointed as the Company’s President and Chief Executive Officer, effective April 5, 2021. John W. Petersen, the Company’s interim President and Chief Executive Officer, ...

PSB - PS Business Parks, Inc. (PSB) CEO John Petersen on Q4 2020 Results - Earnings Call Transcript

PS Business Parks, Inc. (PSB) Q4 2020 Results Conference Call February 23, 2021 1:00 PM ET Company Participants Jeffrey Hedges - Executive Vice President, Chief Financial Officer & Secretary John Petersen - Interim President, Chief Executive Officer, Chief Operating Officer Conference Cal...

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