Public Storage Virtual Presentation at Nareit REITweek 2021 to be Webcast

Rhea-AI Summary

Public Storage (NYSE: PSA) will present virtually at REITweek 2021 on June 8, 2021, from 12:45 p.m. to 1:15 p.m. PDT. The webcast is open to registered participants at no cost. As of March 31, 2021, Public Storage operates 2,563 self-storage facilities across 38 states, comprising approximately 176 million net rentable square feet. Additionally, it holds a 35% equity interest in Shurgard Self-Storage in Europe and a 42% equity interest in PS Business Parks. For more information, visit PublicStorage.com.

Positive

• Strong portfolio with 2,563 self-storage facilities across 38 states.
• Approximately 176 million net rentable square feet owned as of March 31, 2021.
• Equity interests in Shurgard Self-Storage and PS Business Parks enhance portfolio diversification.

Negative

• None.

Public Storage (NYSE:PSA) announced today that the Company will make a virtual presentation at REITweek 2021 on Tuesday, June 8, 2021, from 12:45 p.m. to 1:15 p.m. (PDT). The presentation will be webcast and available to registered REITweek participants. Registration is complementary and accessible through Nareit’s website.

Company Information

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2021, we had: (i) interests in 2,563 self-storage facilities located in 38 states with approximately 176 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self-Storage SA (Euronext Brussels:SHUR) which owned 243 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand, and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at March 31, 2021. Our headquarters are located in Glendale, California.

Additional information about Public Storage is available on the Company’s website at PublicStorage.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210604005614/en/

FAQ

When will Public Storage present at REITweek 2021?

Public Storage will present virtually at REITweek 2021 on June 8, 2021, from 12:45 p.m. to 1:15 p.m. PDT.

What is the focus of Public Storage's business?

Public Storage primarily acquires, develops, owns, and operates self-storage facilities.

How many self-storage facilities does Public Storage operate?

As of March 31, 2021, Public Storage operates 2,563 self-storage facilities.

What equity interests does Public Storage hold in other companies?

Public Storage has a 35% equity interest in Shurgard Self-Storage and a 42% equity interest in PS Business Parks.