PSB News and Press, PS Business Parks Inc. From 05/29/21

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it has completed the reincorporation of the Company from the State of California to the State of Maryland. The reincorporation was approved by common and preferred shareholders in connection with the 2...

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that John W. Petersen will resign as Executive Vice President and Chief Operating Officer of the Company on or about June 11, 2021. Mr. Petersen has served as Executive Vice President and Chief Operating Of...

Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...

Public Storage uses little debt and bolsters its balance sheet by issuing preferred shares. The preferred dividend yields are usually low, but very safe. The 3.9% O-series issued in Q4 2020 have a current yield of 3.75% and a yield to worst of 2.95%. That's relatively low, but...

Image source: The Motley Fool. PS Business Parks Inc (NYSE: PSB) Q1 2021 Earnings Call Apr 28, 2021 , 1:00 p.m. ET Operator Continue reading For further details see: PS Business Parks Inc (PSB) Q1 2021 Earnings Call Transcript

PS Business Parks, Inc. (PSB) Q1 2021 Earnings Conference Call April 28, 2021 1:00 PM ET Company Participants Jeff Hedges – Chief Financial Officer Mac Chandler – President and Chief Executive Officer John Petersen – Executive Vice President and Chief Operating Officer Co...

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