Public Storage has experienced a rebound in its stock price after a decline in 2023 as some investors point to a decrease in real rates, saving commercial property prices. The primary driving factor ...
Public Storage (PSA) and Extra Space Storage (EXR) stocks were down after BofA Securities cut its recommendation on the ...
Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc, ratcheting up attempts to buy its smaller rival after its ...
With PSA's most recent moves, including the increased dividend, LSI's management team will have to engage in M&A discussions. We believe that any discussions will lead to a higher valuation for LSI, ...
Life Storage rejected the offer, saying it was being undervalued. The acquisition may not happen, but both stocks remain solid buys with long-term growth opportunities. The offer was a public attempt ...
Public Storage, the nation’s largest owner and operator of self-storage facilities, said on Monday that it had struck a $2.2 billion deal to buy Simply Self Storage from Blackstone Real Income Trust ...
GLENDALE, California and New York--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement for Public Storage to ...
Public Storage acquires, develops, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease for personal and business use. The company ...
GLENDALE, Calif. & NEW YORK--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) ...
Glendale-based Public Storage plans to acquire Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion. Public Storage announced the transaction on July 24. The deal, which will ...
Public Storage has made an unsolicited offer of $11 billion to acquire Life Storage in an all-stock transaction. The public proposal comes after two similar, private bids were rejected in December and ...