National Storage Acquired for $4B, Becoming Private
Update: 2025-12-08
Description
National Storage, a prominent self-storage company with nearly 300 centers in Australia and New Zealand, is being acquired by a consortium led by Brookfield Asset Management and Singapores GIC for $4 billion. This deal will make National Storage a private entity, offering a 26% premium over its stock price. The company, which started with one location in Brisbane in 1995, has grown through mergers and is now expected to finalize the acquisition in Q2 2026, pending shareholder approval.
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