The company continues to consolidate the self-storage sector.
Glendale, California-based Public Storage said Life Storage had rejected an offer under similar terms in January, forcing the company to make its approach public.
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, e
The unsolicited offer is one of the biggest of the year so far.
Public Storage has made an $11 billion unsolicited offer for Life Storage Inc , the Wall Street Journal reported on Sunday.
Public Storage has made an $11 billion unsolicited offer for its smaller rival Life Storage Inc., ramping up an effort to buy its smaller rival after an earlier bid was rejected, in a move that wo
The smaller rival rebuffed the company's overtures in December and January.

7 REITs That Will Be Big Winners in 2023

05:59pm, Wednesday, 25'th Jan 2023
Last year was the worst year for publicly-traded real estate investment trusts, or REITs, since 2008, as was recently pointed out in an article on WealthManagement . The FTSE All Equity REIT Index l
I own all eight and think they could be major long-term outperformers.
Did you know that some of my followers call me Mr. T? That shouldn't be a surprise since my last name is Thomas, right?
Public Storage (PSA) is poised to gain from high brand value, strategic acquisitions and robust presence in key cities. However, a development boom in many markets is a concern.

Storage Wars: May The Force Be With You

07:00am, Thursday, 19'th Jan 2023
I've always liked the self-storage business due to its low capex requirement and the somewhat sticky customer mindset. Perhaps I'm biased because as my wife tells me “I'm a pack rat” and I tend to
As requested by many, I decided to dedicate an article to my personal dividend growth portfolio, consisting of more than 90% of my net worth. I start by explaining my strategy and approach, followed b
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Public Storage has a terrible dividend scorecard, thanks to no dividend growth since 2016 and a subdued yield. PSA has also underperformed its peers over the past ten years. However, the company is ev
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