Public Storage

Public Storage is a prominent real estate investment trust (REIT), included in both the S&P 500 and FT Global 500 indices. Its core business involves the acquisition, development, ownership, and operation of self-storage facilities. By September 30, 2020, its portfolio included interests in 2,504 self-storage properties located across 38 U.S. states, collectively offering approximately 171 million net rentable square feet. Internationally, Public Storage held about a 35% common equity share in Shurgard Self Storage SA (Euronext Brussels:SHUR), which managed 239 self-storage sites totaling around 13 million net rentable square feet in seven Western European countries, operating under the "Shurgard" name. Additionally, the company maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), responsible for owning and operating roughly 28 million rentable square feet of commercial space as of the same date. The corporate headquarters are located in Glendale, California.