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National Storage REIT dispatches scheme booklet for Brookfield-GIC takeover

Story Highlights
  • National Storage REIT has sent its scheme booklet to investors for an all-cash takeover by Brookfield and GIC affiliates.
  • Securityholders now have scheme details and proxy instructions ahead of concurrent in-person and online vote on 15 April 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
National Storage REIT dispatches scheme booklet for Brookfield-GIC takeover

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The latest update is out from National Storage REIT ( (AU:NSR) ).

National Storage REIT has begun distributing its scheme booklet to securityholders for the proposed all-cash acquisition of all stapled securities by a consortium of Brookfield funds and affiliates of GIC. The document, already lodged with regulators and available online, details the scheme of arrangement and trust scheme under which the transaction would proceed.

Securityholders are receiving the scheme materials in electronic or hard-copy form depending on their communication preferences, along with instructions for lodging proxy votes. Meetings to vote on the transaction resolutions will be held concurrently in person in Brisbane and online on 15 April 2026, marking a key step toward determining the future ownership structure of the REIT and potential change of control for investors.

The most recent analyst rating on (AU:NSR) stock is a Hold with a A$2.80 price target. To see the full list of analyst forecasts on National Storage REIT stock, see the AU:NSR Stock Forecast page.

More about National Storage REIT

National Storage REIT is the largest self-storage provider in Australia and New Zealand, operating more than 290 locations. It offers tailored storage solutions to over 100,000 residential and commercial customers and is the first independent, internally managed and fully integrated self-storage owner-operator listed on the ASX.

Average Trading Volume: 7,690,887

Technical Sentiment Signal: Buy

Current Market Cap: A$3.89B

See more insights into NSR stock on TipRanks’ Stock Analysis page.

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