Duyuru • May 08
Public Storage announces Quarterly dividend, payable on June 30, 2026 Public Storage announced Quarterly dividend of USD 3.0000 per share payable on June 30, 2026, ex-date on June 15, 2026 and record date on June 15, 2026. Duyuru • Apr 29
Public Storage Reaffirms Earnings Guidance for the Year 2026 Public Storage reaffirmed earnings guidance for the year 2026. For the year, the company expects revenue growth (Same Store) of (2.2)% and net operating loss of 3.9% to 0.5%. Duyuru • Apr 14
Public Storage to Report Q1, 2026 Results on Apr 27, 2026 Public Storage announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 27, 2026 Duyuru • Mar 30
Public Storage, Annual General Meeting, May 06, 2026 Public Storage, Annual General Meeting, May 06, 2026. Location: the crescent club, 200 crescent court, dallas, texas 75201, United States Duyuru • Mar 16
Public Storage (NYSE:PSA) agreed to acquire National Storage Affiliates Trust (NYSE:NSA) for $5.6 billion. Public Storage (NYSE:PSA) agreed to acquire National Storage Affiliates Trust (NYSE:NSA) for $5.6 billion on March 16, 2026. Under the terms of the agreement, holders of NSA common shares and operating partnership units will receive 0.14 of a share of PSA common stock or partnership units for each NSA share or unit they own. PSA will repay NSA’s existing bank debt and senior unsecured notes while assuming its existing mortgage debt and Series A, B and A-1 preferred shares and units. Immediately prior to closing, Public Storage and limited partners in NSA’s OP will form a joint venture consisting of 313 properties on NSA’s operating platform comprising 19.6 million rentable square feet across 28 states and Puerto Rico. OP unitholders are expected to own approximately 80% of the JV at inception, with PSA holding the remaining interest. The joint venture is expected to be capitalized with $2.2 billion of property-level secured debt, including a mezzanine loan investment from PSA of approximately $240 million, and operate at approximately 70% leverage. Public Storage has arranged committed financing of $4.0 billion, to be provided by Goldman Sachs Bank USA and Wells Fargo Bank, National Association, comprised of a $2.0 billion corporate bridge loan and a $2.0 billion joint venture off-balance sheet bridge loan which will become permanent secured mortgage financing.
Public Storage will continue to be led by our incoming Chief Executive Officer Tom Boyle, as well as newly appointed Presidents Joe Fisher, Natalia Johnson and Chris Sambar and guided by a board led by non-executive Chairman, Shankh Mitra. The transaction has been approved by both the company boards. The transaction is subject to the approval of NSA equity holders, and satisfaction of other customary closing conditions. The expected completion of the transaction in the third quarter of 2026. Public Storage expects this transaction to be accretive to FFO per share within the first year of closing and approximately $0.35-$0.50 per share accretive upon the full realization of synergies in three to four years.
Goldman Sachs & Co. LLC, Wells Fargo Securities, LLC and Eastdil Secured, L.L.C. acted as financial advisors for Public Storage. Adam O. Emmerich, Meng Lu and Kyle M. Diamond of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Public Storage. Morgan Stanley & Co. LLC acted as financial advisor and Clifford Chance US LLP acted as legal advisor for National Storage Affiliates Trust. Duyuru • Feb 18
Public Storage Declares First Quarter 2026 Dividend, Payable on March 31, 2026 Public Storage announced that on February 17, 2026, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on March 31, 2026, to shareholders of record as of March 16, 2026. Duyuru • Jan 21
Public Storage to Report Q4, 2025 Results on Feb 12, 2026 Public Storage announced that they will report Q4, 2025 results After-Market on Feb 12, 2026 Duyuru • Oct 03
Public Storage to Report Q3, 2025 Results on Oct 29, 2025 Public Storage announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Duyuru • Aug 27
Public Storage Declares Third Quarter 2025 Dividends, Payable on September 30, 2025 Public Storage announced that on August 26, 2025, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share, payable on September 30, 2025, to shareholders of record as of September 15, 2025. Duyuru • Jul 11
Public Storage to Report Q2, 2025 Results on Jul 30, 2025 Public Storage announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Duyuru • May 08
Public Storage Declares Second Quarter 2025 Dividends, Payable on June 27, 2025 Public Storage announced that on May 7, 2025, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Board also declared dividends with respect to various series of preferred shares. All the dividends are payable on June 27, 2025, to shareholders of record as of June 12, 2025. Duyuru • May 01
Public Storage Provides Earnings Guidance for the Year Ending December 31, 2025 Public Storage provided earnings guidance for the year ending December 31, 2025. For the period, the company expects Revenue growth of (1.3)% to 0.8%. Net operating income growth of (2.9)% to 0.2%. Consolidated Non-Same Store net operating income of $444,000,000 to $464,000,000. Ancillary net operating income of $198,000,000 to $203,000,000. Duyuru • Apr 11
Public Storage to Report Q1, 2025 Results on Apr 30, 2025 Public Storage announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Duyuru • Mar 31
Public Storage, Annual General Meeting, May 07, 2025 Public Storage, Annual General Meeting, May 07, 2025. Location: the rosewood mansion on turtle creek, 2821 turtle creek boulevard, dallas, texas 75219, United States Duyuru • Feb 01
Public Storage to Report Q4, 2024 Results on Feb 24, 2025 Public Storage announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 24, 2025 Duyuru • Dec 04
Public Storage has filed a Follow-on Equity Offering in the amount of $2 billion. Public Storage has filed a Follow-on Equity Offering in the amount of $2 billion.
Security Name: Common Shares of Beneficial Interest
Security Type: Common Stock
Security Features: Income Trust
Transaction Features: At the Market Offering Duyuru • Oct 19
Public Storage Appoints Chris Sambar as Chief Operating Officer Public Storage announced that Chris Sambar has joined the Company as Chief Operating Officer. Mr. Sambar brings significant leadership experience to Public Storage. Most recently, he was President at AT&T Communications and led approximately 27,000 employees across network operations. Prior to this role, he served in various leadership positions, including sales, operations, and corporate strategy, since joining AT&T in 2002. Mr. Sambar is a former United States Navy SEAL and has undergraduate and graduate degrees from the United States Naval Academy and the University of Southern California, respectively. Mr. Sambar’s focus on people, strategy, and innovation will be directly complementary as he leads operations across Public Storage’s more than 5,900 employees, 3,400 branded properties, and two million customers. Duyuru • Oct 10
Public Storage to Report Q3, 2024 Results on Oct 30, 2024 Public Storage announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Duyuru • Aug 02
Public Storage Declares Third Quarter 2024 Dividends, Payable on September 30, 2024 Public Storage announced that on August 1, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on September 30, 2024, to shareholders of record as of September 13, 2024. Duyuru • Aug 01
Public Storage Revises Earnings Guidance for the Year Ending December 31, 2024 Public Storage revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revenue growth of (1.5)% to (0.5)% compared to prior guidance of (1.0)% to 1.0% and net operating income growth of (3.0)% to (1.3)% compared to prior guidance of (2.4)% to 0.7%. Duyuru • Jul 26
Public Storage Appoints Maria R. Hawthorne to Board of Trustees and Member of the Audit Committee Public Storage announced the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee. Ms. Hawthorne brings over 35 years of real estate industry experience, including extensive executive management, operational, and leadership development experience. Ms. Hawthorne has been a member of the board of directors of Essex Property Trust Inc. since March 2020, and of ASGN Incorporated, since June 2021. She is a member of the audit committee of Essex Property Trust and is chair of the audit committee of ASGN. She served as a director of PS Business Parks Inc. from July 2016 until its sale in July 2022. Ms. Hawthorne previously served as President and Chief Executive Officer of PS Business Parks Inc. from August 2015 and July 2016, respectively, until her retirement in September 2020. Prior to her appointment as President and Chief Executive Officer, she served in various leadership roles at PS Business Parks since joining the company in 1988, including as Interim Chief Operating Officer, acting Chief Financial Officer, Chief Administrative Officer, and Executive Vice President, East Coast. Duyuru • Jul 17
Public Storage to Report Q2, 2024 Results on Jul 30, 2024 Public Storage announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Duyuru • May 09
Public Storage Declares Second Quarter 2024 Common Dividend, Payable on June 27, 2024 Public Storage announced that on May 8, 2024, the company Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on June 27, 2024, to shareholders of record as of June 12, 2024. Duyuru • May 03
Public Storage Provides Earnings Guidance for the Year 2024 Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%. Duyuru • Apr 05
Public Storage to Report Q1, 2024 Results on Apr 30, 2024 Public Storage announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 30, 2024 Duyuru • Mar 26
Public Storage, Annual General Meeting, May 07, 2024 Public Storage, Annual General Meeting, May 07, 2024, at 11:00 US Eastern Standard Time. Location: Millennium Downtown 10007 New York New York United States Agenda: To elect eleven Trustees to Board of Trustees; to vote on an advisory resolution to approve the compensation of named executive officers (Say-on-Pay); to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting and any postponements or adjournments thereof. Duyuru • Feb 24
Public Storage Declares Regular Quarterly Common Dividend, Payable on March 28, 2024 Public Storage announced that on February 23, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on March 28, 2024, to shareholders of record as of March 13, 2024. Duyuru • Feb 21
Public Storage Provides Earnings Guidance for the Year 2024 Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%. Duyuru • Feb 01
Public Storage to Report Q4, 2023 Results on Feb 20, 2024 Public Storage announced that they will report Q4, 2023 results After-Market on Feb 20, 2024 Duyuru • Nov 09
Public Storage Declares Regular Common Quarterly Dividend, Payable on December 28, 2023 Public Storage announced that on November 8, 2023, Board of Trustees declared a regular common quarterly dividend of $3.00 per common share. Dividend is payable on December 28, 2023, to shareholders of record as of December 13, 2023. Duyuru • Oct 31
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023 Public Storage revised earnings guidance for the year 2023. For the year, the company expects revenue growth of 4.00% to 4.75% compared to prior guidance of 3.25% to 5.00% and net operating income growth of 3.20% to 4.70% compared to prior guidance of 2.20% to 5.10%. Duyuru • Oct 06
Public Storage to Report Q3, 2023 Results on Oct 30, 2023 Public Storage announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 Duyuru • Sep 14
Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT). Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization.
Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Matt Rogers, Davis Coen, Nancy Mehlman, Andrew Blau, Kristy Fields, Lori Lesser and Ben Wells of Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income.
Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) on September 13, 2023. Duyuru • Jul 25
Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion. Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization.
Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income. Duyuru • Jul 23
Public Storage Announces Resignation of David Lee as Chief Operating Officer, Effective August 1, 2023 On July 21, 2023, Public Storage announced that David Lee, the company’s chief operating officer, resigned for personal reasons, effective August 1, 2023. Duyuru • Jul 13
Public Storage to Report Q2, 2023 Results on Aug 02, 2023 Public Storage announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023