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National Storage REIT ( (AU:NSR) ) just unveiled an announcement.
National Storage REIT reported a robust financial performance for FY25, with an IFRS profit after tax of $236.1 million and a 6.4% increase in underlying earnings. The company completed 28 acquisitions and 14 developments, enhancing its asset base and development pipeline. The reaffirmed Baa2 credit rating and successful execution of $300 million in exchangeable notes underscore its financial stability. The company’s sustainability initiatives, including solar energy generation and emissions reduction, highlight its commitment to environmental responsibility. These developments position NSR for continued growth and stability, benefiting stakeholders and reinforcing its market position.
The most recent analyst rating on (AU:NSR) stock is a Buy with a A$2.70 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 a company operating in the real estate investment trust (REIT) sector, focusing on self-storage solutions. It provides storage services across Australia and New Zealand, with a strong emphasis on property acquisition and development to expand its storage capacity and market presence.
Average Trading Volume: 3,884,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.44B
For an in-depth examination of NSR stock, go to TipRanks’ Overview page.