Analyst's RecommendationAnalyst remains overweight on PSA, feeling it has a more favorable setup into the next year compared to peers, with potential for accelerated performance.
External Growth OpportunitiesPSA is actively pursuing external growth opportunities with confidence in accretive M&A, potentially exceeding $600 million in acquisitions.
Improvement And StabilizationMove-in rates showed improvement, with rates tightening and a pathway for rents to hit breakeven before turning positive.