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Public Storage's 2023 10-K reveals 1 point 9 billion dollars net income despite a prior-year gain absence, with core FFO up 6 point 1 percent to 16 dollars and 89 cents per share. Self-storage NOI rose 7 point 8 percent to 3 point 2 billion dollars, driven by acquisitions and same-store gains, amid softening demand. Strong liquidity with 370 million dollars cash supports growth, while risks include disasters, competition, and rates. Ancillaries added 172 million dollars NOI.

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