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Business Parks (PSB)

Business Parks (PSB)
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PS Business Parks, Inc. is a real estate investment trust (REIT) which owns, acquires, develops and operates commercial real estate properties, especially multi-tenant flex, office and industrial. Flex space is defined as properties that are configured with a combination of office and warehouse space. These spaces can be designed to fit a number of uses, such as light manufacturing, office, showroom, laboratory, assembly and warehouse. The company's multi-tenant commercial properties are positioned in markets that have witnessed long-term economic growth. Also, there is a certain concentration on small and medium-sized customers.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 438,700 415,620 429,850 413,520 402,180
Sales Growth +5.55% -3.31% +3.95% +2.82% +3.82%
Net Income 448,760 173,550 174,970 226,700 155,040
Net Income Growth +158.58% -0.81% -22.82% +46.22% +21.10%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 2,123,220 2,057,710 2,046,440 2,068,590 2,100,160
Total Assets Growth +3.18% +0.55% -1.07% -1.50% -0.91%
Total Liabilities 129,150 82,070 84,630 85,140 210,220
Total Liabilities Growth +57.37% -3.02% -0.60% -59.50% -31.89%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow 302,240 276,980 290,600 276,150 271,610
Operating Cash Flow Growth +9.12% -4.69% +5.23% +1.67% +8.42%
Net Cash Flow -42,010 6,300 25,410 -77,500 -12,660
Change in Net Cash Flow -766.83% -75.21% +132.79% -512.16% +79.00%
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