PSB Stock Recent News

PS Business Parks has accepted an all-cash offer from Blackstone, and as a go-shop period did not result in higher offers, this likely is a 'done deal'. The preferred shares saw their prices decrease on the back of higher interest rates and increased uncertainty related to the delisting of PS Business Parks.

PS Business Parks' (PSB) quarterly results reflect higher same-park cash net operating income (NOI) backed by increase in weighted average occupancy.

In light of home prices accelerating near record growth, five real estate stocks with high business predictability and a high GF Score are CBRE Group Inc. ( CBRE , Financial), Equity Lifestyle Properties Inc. ( ELS , Financial), Crown Castle International Corp. ( CCI , Financial), Agree Realty Corp. ( ADC , Financial) and PS Business Parks Inc. ( PSB , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.