PS Business Parks, Inc.

NYSE:PSB   3:59:59 PM EDT
176.86
+0.90 (+0.51%)
Divestitures / Spin-offs, Earnings Announcements, Mergers / Acquisitions

PS Business Parks, Inc. Announces Agreement To Sell Lusk Business Park In San Diego, California

Published: 10/06/2021 20:36 GMT
PS Business Parks, Inc. (PSB) - Press Release - Ps Business Parks, Inc. Announces Agreement to Sell Lusk Business Park in San Diego, California.
Ps Business Parks Inc - Deal for a Gross Purchase Price of $315.4 Million.
Ps Business Parks Inc - Based on Preliminary Estimate of 2021 Reit Taxable Income, Expects Special Dividend of $4.75 to $5.25 per Common Share & Unit.
Revenue is expected to be $109.33 Million
Adjusted EPS is expected to be $0.85

Next Quarter Revenue Guidance is expected to be $111.76 Million
Next Quarter EPS Guidance is expected to be $0.94

More details on our Analysts Page.