PSB News and Press, PS Business Parks Inc. From 04/29/22

NEW YORK, NY / ACCESSWIRE / April 29, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: American Campus Communities, Inc. (...

We're approaching the halfway point of another newsworthy real estate earnings season with over 50 REITs representing 50% of the total market capitalization having reported results. Among the 40 REITs that provided full-year FFO guidance, 30 REITs (75%) raised their outlook- well abov...

NEW YORK, NY / ACCESSWIRE / April 28, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: American Campus Communities, Inc. (...

Blackstone Group (NYSE: BX) is back in the headlines again this week with another multi-billion-dollar purchase of a real estate investment trust (REIT). This time it's buying PS Business Parks (NYSE: PSB) for $7.6 billion. The deal will add a large-scale portf...

Shares of PS Business Parks (NYSE: PSB) , a real estate investment trust (REIT) that owns industrial, office, and apartment properties, rose a dramatic 13% on Monday. The big news was the pre-market announcement that the REIT had agreed to be taken private. Affiliates of B...

Analyst comments remained a crucial catalyst during Monday's midday action. Snowflake (NYSE:SNOW) rallied on a bullish take from Wolfe Research. Meanwhile, a downgrade sparked selling in shares of Deere (DE). Elsewhere, PS Business Parks (PSB) jumped on a deal to be acquired by Blackstone (BX...

Gainers: Redbox Entertainment (RDBX) +28%, PS Business Parks (PSB) +12%, GWG (GWGH) +16%, Fathom (FTHM) +7%, Rocket Companies (RKT) +6%. Losers: Generation Income Properties (GIPR) -14%, Digital World Acquisition (DWACW) -14%, Digital World Ac...

Public Storage (NYSE:PSA), which holds 41% common equity interest in PS Business Parks (PSB), plans to distribute to its shareholders the $2.3B tax gain it expects to recognize from the sale of PSB to Blackstone (BX), the self-storage REIT said Monday. As a result of the pending sale, Public ...

Public Storage (NYSE:PSA) (“Public Storage” or the “Company”) today provided certain updates as to the impact on Public Storage of the agreed acquisition by affiliates of Blackstone Real Estate (“Blackstone”) of PS Business Parks, Inc. (NYSE:PSB...

PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into a definitive agreement under which affiliates of Blackstone Real Estate (“Blackstone”) will acquire all outstanding ...