Australasia's largest self-storage provider has agreed to be taken private by a consortium for $4 billion, ending a chapter that began three decades ago with a single self-storage location on the outskirts of Brisbane.
National Storage REIT, which owns 290 self-storage centres across Australia and New Zealand, said on Monday it had agreed to the buyout by Brookfield Asset Management, the global alternative asset manager, and GIC, Singapore's sovereign wealth fund.
