Australia's National Storage REIT agrees to $2.65 billion buyout by Brookfield–GIC consortium

National Storage REIT

07/12/2025 21:55

Dec 8 (Reuters) - Australia's National Storage REIT NSR.AX said on Monday it has signed a scheme implementation deed with a consortium backed by Brookfield Asset Management BAM.N and Singapore's GIC for a buyout deal valuing the self-storage operator at about A$4 billion ($2.65 billion).

($1 = 1.5074 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru; editing by Diane Craft)

 ((Roshan.Thomas@thomsonreuters.com;))