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Financial and Operating Highlights
Net income attributable to common stockholders of $3.43 per share for the fourth quarter of 2020 and of $5.85 for the full year as. | February 5, 2021
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House republicans Kevin McCarthy, Blaine Luetkemeyer and Steve Scalise have all received more than $100,000 from real estate PAC donations. (Getty)
Last week’s violence at the U.S. Capitol Building has led many banks and corporations to rethink their approach to political donations. Now, some real estate groups are following suit.
Using data compiled by the Center for Responsive Politics, an analysis by The Real Deal found that 10 major real estate-related trade groups had contributed in the 2020 election cycle to members of the so-called “sedition caucus” the 147 Republican lawmakers who objected to Electoral College results in the presidential election.
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NEW YORK/LONDON/MELBOURNE/MUMBAI (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
The north view of the Manhattan skyline is seen from the 86th floor observation deck of the Empire State Building in midtown Manhattan, as the iconic tower prepares to open to more tenants and visitors following the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., June 24, 2020. REUTERS/Mike Segar
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OFFICE SPACES. If Zoom Video Communications is a pandemic winner, then commercial office space is its mirror image. The vacancy rate in New York edged above 15% in December, according to Savills, with leasing running at the lowest rate in at least two decades. It’s not an outlier among cities either as things continue to worsen.
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Public Storage Issues Statement
GLENDALE, Calif. (BUSINESS WIRE) Dec 14, 2020
Public Storage (NYSE:PSA) today issued the following statement in response to a letter from Elliott Associates, L.P. and Elliott International, L.P. (together, “Elliott”):
The Public Storage Board of Trustees and management team are committed to serving the best interests of the Company and its shareholders, and will continue to take decisive action to drive sustainable value creation.
Public Storage is the world’s largest owner, operator, and developer of self-storage properties, with a $46 billion total market capitalization. This success has come through executing strategies that promote the long-term resilience of its properties and of the Company, as well as enhancing shareholder value, resulting in the generation of 20-year Compounded Annual Growth Rates (CAGR) of: 7% for core funds from operation
Report: Strong recovery for CRE in 2nd half of 2021 libn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from libn.com Daily Mail and Mail on Sunday newspapers.