Public Storage Discloses Investor Presentation and Operating Update

Summary

On June 2, 2025, Public Storage posted an Investor Presentation on its website, which includes an operating update for the two months ended May 31, 2025. The update reveals a slight decline in average annual contract rent per square foot and a marginal change in square footage and occupancy rates. Additionally, the company announced the acquisition or contract to acquire 69 self-storage facilities with 4.7 million net rentable square feet for $750.9 million since the beginning of the year.