PSA · News · 20260808N

Acquisition / Partnership / Divestiture

Public Storage · 2026-08-08 · Importance 59 · Surprise 60

Public Storage recently acquired National Storage Affiliates Trust, a transaction described by third-party reporting as accretive to funds from operations. The acquisition is expected to support Public Storage’s FFO and dividend coverage. National Storage shareholders are also the subject of a securities investigation concerning whether the sale process secured the best possible price and provided complete material disclosures.

Key facts

• Seeking Alpha reported Public Storage's recent acquisition of National Storage is expected to be FFO-accretive. source
• Pluang reported the recent acquisition of National Storage is expected to further boost FFO. source