Public Storage (PSA) Acquires Public Storage Canada for $1.2 Billion

Public Storage (PSA) announced on June 22, 2026, its agreement to acquire Public Storage Canada for $1.2 billion. This strategic acquisition aims to expand PSA's operational footprint and market share within the Canadian self-storage sector. The $1.2 billion transaction consolidates the brand's presence, integrating the Canadian operations directly into Public Storage's portfolio. This move aligns with PSA's strategy to leverage its established brand and operational efficiencies across North America.