Public Storage 2015 Annual Report Download - page 34
Download and view the complete annual report
Please find page 34 of the 2015 Public Storage annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.
UHDFKLQJ VWDELOL]DWLRQ RXU 86 VHOIVWRUDJH IDFLOLWLHV KDYH JHQHUDOO\ VKRZQ D KLJK GHJUHH RI VWDELOLW\ LQ
JHQHUDWLQJFDVKIORZV
Description of Commercial Properties:HKDYHDQLQWHUHVWLQ36%ZKLFKDVRI'HFHPEHU
RZQVDQGRSHUDWHVDSSUR[LPDWHO\PLOOLRQUHQWDEOHVTXDUHIHHWRIFRPPHUFLDOVSDFHLQVL[VWDWHV
$W'HFHPEHUWKHPLOOLRQERRNYDOXHDQGELOOLRQPDUNHWYDOXHUHVSHFWLYHO\RIRXU
LQYHVWPHQW LQ 36% UHSUHVHQWV DSSUR[LPDWHO\ DQG UHVSHFWLYHO\ RI RXU WRWDO DVVHWV :H DOVR
GLUHFWO\RZQPLOOLRQQHWUHQWDEOHVTXDUHIHHWRIFRPPHUFLDOVSDFHPDQDJHGSULPDULO\E\36%
7KH FRPPHUFLDO SURSHUWLHV RZQHG E\ 36% FRQVLVW SULPDULO\ RI IOH[ PXOWLWHQDQW RIILFH DQG
LQGXVWULDOVSDFH )OH[VSDFHLVGHILQHGDV EXLOGLQJVWKDWDUHFRQILJXUHGZLWKDFRPELQDWLRQRIRIILFHDQG
ZDUHKRXVHVSDFHDQGFDQEHGHVLJQHGWRILWDZLGHYDULHW\RIXVHVLQFOXGLQJRIILFHDVVHPEO\VKRZURRP
ODERUDWRU\OLJKWPDQXIDFWXULQJDQGZDUHKRXVHVSDFH
Environmental Matters: :H DFFUXH HQYLURQPHQWDO DVVHVVPHQWVDQG HVWLPDWHG UHPHGLDWLRQFRVW
ZKHQLWLVSUREDEOHWKDWVXFKHIIRUWVZLOOEHUHTXLUHGDQGWKHUHODWHGFRVWVFDQEHUHDVRQDEO\HVWLPDWHG2XU
FXUUHQW SUDFWLFH LV WR FRQGXFW HQYLURQPHQWDO LQYHVWLJDWLRQV LQ FRQQHFWLRQ ZLWK SURSHUW\ DFTXLVLWLRQV
$OWKRXJKWKHUHFDQEHQRDVVXUDQFHZHDUHQRWDZDUHRIDQ\HQYLURQPHQWDOFRQWDPLQDWLRQRIDQ\RIRXU
IDFLOLWLHV ZKLFK LQGLYLGXDOO\ RU LQ WKH DJJUHJDWH ZRXOG EH PDWHULDO WR RXU RYHUDOO EXVLQHVV ILQDQFLDO
FRQGLWLRQRUUHVXOWVRIRSHUDWLRQV
ITEM 3. Legal Proceedings
:H DUH D SDUW\ WR YDULRXV OHJDO SURFHHGLQJV DQG VXEMHFW WR YDULRXV FODLPV DQG FRPSODLQWV
KRZHYHUZHEHOLHYHWKDWWKHOLNHOLKRRGRIWKHVHFRQWLQJHQFLHVUHVXOWLQJLQDPDWHULDOORVVWRWKH&RPSDQ\
HLWKHULQGLYLGXDOO\RULQWKHDJJUHJDWHLVUHPRWH
ITEM 4. Mine Safety Disclosures
1RWDSSOLFDEOH