Sharemaestro Newsreel

Extra Space Storage Inc. stock outperforms competitors despite losses on the day

Extra Space Storage Inc. (EXR) shares dropped 1.17% to $145.55, marking its third consecutive day of losses. Despite this, the stock "outperformed competitors," even as the broader market saw gains with the S&P 500 Index and Dow Jones Industrial Average both rising.

Segro rejects further acquisition offers from Prologis

UK firm Segro has repeatedly rejected acquisition offers from US real estate giant Prologis, viewing the proposals as undervaluing the company and diluting shareholder value. Prologis has made three unsuccessful bids, the latest valuing Segro at £13.5bn ($18.09bn), but Segro maintains it has a …

Terreno Realty Renews 73,000-Square-Foot Industrial Lease in Torrance

Terreno Realty Corporation (NYSE: TRNO) has renewed a 73,000-square-foot industrial lease in Torrance, California, with an advanced manufacturer serving the aerospace, defense, and automotive sectors. The new lease begins in February 2027 and extends through April 2032, securing long-term occupancy and cash flow. This …

REG - UBS Asset Management Prologis, Inc. - Form 8.3 - PROLOGIS INC

UBS Asset Management has filed a Form 8.3 disclosure related to Prologis Inc., displaying its interests and short positions in the company's relevant securities. The disclosure, dated July 21, 2026, details UBS Asset Management's ownership of 1.20% of Prologis ordinary shares and recent purchase …

STAG Industrial stock holds steady as industrial REIT focuses on leased portfolio and dividend

STAG Industrial, a US industrial REIT, is maintaining a steady stock performance due to its fully leased single-tenant warehouse portfolio and consistent dividend profile. The company reported stable rental income and funds from operations (FFO) in its latest quarter, driven by high occupancy rates, …

Extra Space Storage stock trades steadily as investors weigh recent dividend and earnings metrics

Extra Space Storage Inc. (EXR) stock is trading steadily as investors evaluate its recent financial performance, including revenue growth, funds from operations (FFO), and dividend payouts. The self-storage REIT has shown resilient operating metrics, driven by strong same-store performance, strategic acquisitions, and efficient capital …

Terreno renews lease with maker of aerospace metal structures to April 2032

Terreno Realty Corporation announced an early lease renewal for a 73,000-square-foot property in Torrance, California. The tenant is an advanced manufacturer of complex metal structures for the aerospace, defense, and automotive industries. The new lease term will begin on February 1, 2027, and extend …

SmartStop Expands Third-Party Management Platform Into Canada With Aurora Facility

SmartStop Self Storage REIT Inc. has expanded its third-party management platform into Canada by adding its first Canadian property, a self-storage facility in Aurora, Ontario. This new facility, comprising 80,910 square feet and 829 units, strengthens SmartStop's presence in the Greater Toronto Area. This …

Norway Oil Fund Urges Constructive Tie-Up Talks Between Prologis and Segro

Norway's sovereign-wealth fund, managed by Norges Bank Investment Management, has urged Prologis and Segro to engage in constructive talks regarding a potential merger. This comes after Segro rejected a sweetened third takeover offer from Prologis, valued at approximately $18.13 billion, but indicated openness to …

Innovative Industrial Properties reports $1.6M rent default, tenant vacating two Florida properties

Innovative Industrial Properties (IIPR) has reported that a tenant has defaulted on approximately $1.6 million in July rent, taxes, and fees for two Florida properties. These properties represent about 5.2% of the company's annualized contractual rent and income. The tenant has also notified IIPR …

Innovative Industrial (NYSE: IIPR) hit by $1.6M default on key Florida leases

Innovative Industrial Properties (IIPR) announced a default by its tenant, Parallel (affiliates of SH Parent, Inc.), on $1.6 million in July rent and related charges for two Florida properties. These properties represent a significant portion of IIPR's annualized contractual rent (5.2% to 5.7%). Parallel …

Public Storage (PSA) Proxy filing Summary

Public Storage's (PSA) proxy filing summary, dated April 23, 2026, addresses shareholder recommendations, particularly concerning trustee nominee Mr. Mitra's attendance. The summary explains Mr. Mitra's meeting attendance, his unanimous election as Chairman due to his leadership, and updates to board meeting scheduling to prevent …

Public Storage (PSA) Q2 2025 earnings summary

Public Storage (PSA) reported Q2 2025 net income down year-over-year due to foreign currency losses, but core FFO per share increased by 1.2%. The company raised its 2025 core FFO guidance, expecting continued growth through acquisitions and a strong development pipeline, despite anticipated deceleration …

Further Announcement Regarding a Possible Combination of SEGRO and Prologis

Prologis has issued a further announcement regarding its potential combination with SEGRO, expressing disappointment after a meeting with SEGRO management did not provide clarity on a credible path to a transaction. Prologis believes its offer of a 9.7% premium to SEGRO's latest pro forma …

SmartStop lays out $10B "Deca Initiative" growth plan after successful IPO and $931.5M raise

SmartStop has unveiled its "Deca Initiative," a six-pillar strategy aiming to achieve $10 billion in total capitalization after a successful IPO in April 2025 that raised $931.5 million. The plan focuses on accretive acquisitions, institutional coverage, and technological advancements like SmartStop.AI and dash™ to …

REG - Principal Global Prologis, Inc. - Form 8.3 - Prologis, Inc.

Principal Global Investors LLC has filed a Form 8.3 disclosure related to Prologis, Inc. showing interests and short positions in Prologis, Inc. securities. The disclosure indicates that Principal Global Investors LLC holds 1.01% of Prologis, Inc.'s USD 0.01 common stock. It also details recent …

Independent Financial Group LLC Invests $1.23 Million in Prologis, Inc. $PLD

Independent Financial Group LLC has acquired a new stake in Prologis, Inc. worth approximately $1.23 million, purchasing 9,300 shares within the first quarter. Analysts maintain a "Moderate Buy" consensus rating for Prologis with a target price of $153.24, despite recent news highlighting SEGRO's rejection …

Public Storage $PSA Shares Purchased by Swiss National Bank

Swiss National Bank increased its stake in Public Storage (NYSE:PSA) by 7.1% in the first quarter, now owning 463,440 shares worth over $125 million. Other institutional investors like Vanguard Group, Norges Bank, and Capital International Investors also significantly boosted their holdings. The report details …

Andra AP fonden Has $20.76 Million Stake in Prologis, Inc. $PLD

Andra AP fonden significantly increased its stake in Prologis, Inc. (NYSE:PLD) by 196.2% in the first quarter, now owning 157,028 shares valued at $20.76 million. The real estate investment trust recently reported strong Q1 2026 earnings, beating analyst estimates, and declared a quarterly dividend …

Allspring Global Investments Holdings LLC Lowers Holdings in Terreno Realty Corporation $TRNO

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: Here's Why

Stag Industrial (STAG) Expected to Release Earnings on Tuesday

Jennison Associates LLC Acquires 298,602 Shares of National Storage Affiliates Trust $NSA

REG - Pinnacle Inv. Mgmnt Prologis, Inc. SEGRO PLC - Form 8.3 [Prologis/SEGRO]

Pinnacle Investment Management Group, through Resolution Capital Limited, has made a public opening position disclosure regarding Prologis Inc. and SEGRO plc. The disclosure, dated July 21, 2026, details Resolution Capital Limited's interests and short positions in Prologis Inc. ordinary shares, showing ownership of 2,039,554 …

Extra Space Storage stock trades steadily as self-storage demand supports earnings and dividend grow

Extra Space Storage Inc. (ISIN US30225T1025) stock is supported by steady self-storage demand, with strong earnings and dividend growth in 2025 following its merger with Life Storage. The company focuses on cash flow, occupancy, and dividend stability, highlighted by 2024 revenues of approximately $2.2 …

Brookfield And CPP Investments To Acquire LXP Industrial Trust For $5.2 Billion

Brookfield Asset Management and CPP Investments have agreed to acquire LXP Industrial Trust for approximately $5.2 billion in an all-cash transaction. LXP shareholders will receive $61.20 per share, representing a premium over recent trading prices. The acquisition, expected to close in Q4 2026, aims …

Brookfield and CPP Investments to Buy LXP Industrial for $5.2 Billion

Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to acquire LXP Industrial Trust for approximately $5.2 billion in an all-cash deal. This acquisition will expand their holdings with a portfolio of modern warehouse and logistics facilities. LXP Industrial shareholders will receive …

A double charge glitched a man's account. Public Storage threatened to auction his stuff.

This article details how a man faced the threat of having his belongings auctioned by Public Storage due to a double charge error that glitched his account. The issue highlights potential problems with automated billing systems and the severe consequences for customers when such …

Prologis, Inc. (PLD) director-linked trust sells 50,000 shares in 10b5-1 trade

Prologis, Inc. director Hamid Moghadam reported an indirect sale of 50,000 common shares by a trust for his children on July 16, 2026. The shares were sold at a weighted average price of $149.91 per share, ranging from $149.91 to $149.94, under a pre-adopted …

Public Storage Issues $900 Million Senior Notes; 4.700% 2032 and 5.150% 2036 Tranches

Public Storage, through its subsidiary Public Storage Operating Company, successfully completed a $900 million offering of senior unsecured notes. The offering was split into two tranches: $400 million of 4.700% notes due in 2032 and $500 million of 5.150% notes due in 2036. This …

Prologis Inc. stock underperforms Monday when compared to competitors

Prologis Inc. (PLD) shares declined by 1.54% on Monday, closing at $147.48. This underperformance occurred during a broader market downturn, with both the S&P 500 Index (SPX) and Dow Jones Industrial Average (DJIA) also falling. This marks the second consecutive day of losses for …

Public Storage Operating Company Completes Offering of $400 Million 4.700% Senior Notes Due 2032 and $500 Million 5.150% Senior Notes Due 2036

Public Storage Operating Company, a subsidiary of Public Storage, has completed its offering of $400 million in 4.700% Senior Notes due 2032 and $500 million in 5.150% Senior Notes due 2036. The notes are guaranteed by Public Storage and are direct, unsecured, and unsubordinated …

Bessemer Group Inc. Grows Position in Terreno Realty Corporation $TRNO

Bessemer Group Inc. increased its stake in Terreno Realty Corporation by 4.2% in the first quarter, now holding 680,641 shares valued at $41.8 million. Other institutional investors also adjusted their positions, with notable increases from Principal Financial Group Inc. The article highlights Terreno Realty's …

Self-Storage REIT Extra Space Announces 2026 Scholarship Winners

Extra Space Storage Inc., a self-storage REIT, has announced the recipients of its 2026 "There’s Space for Everyone" Scholarship. The company awarded eight grants, ranging from $3,000 to $5,000, to students who demonstrate a commitment to inclusion and community involvement. This marks the program's …

National Storage Affiliates holders approve acquisition by Public Storage

National Storage Affiliates (NSA) shareholders have approved the previously announced acquisition of the company by Public Storage (PSA). This approval paves the way for the merger of the two self-storage real estate investment trusts.

Prologis £13.5 billion takeover bid rejected by Segro

Prologis's £13.5 billion ($18.2 billion) enhanced takeover bid for Segro has been rejected. This third offer included a 6% increase over the initial proposal and a 20% cash component, which Prologis stated would lower capital costs and expand logistics networks. Segro's management, however, deemed …