National Storage REIT to Be Suspended from ASX as Brookfield-GIC Takeover Completes

National Storage REIT ( (AU:NSR) ) has issued an update.

National Storage REIT will have its securities suspended from quotation on the ASX at the close of trading on 21 April 2026. The move follows court and regulatory approvals for a scheme of arrangement under which entities backed by Brookfield Asset Management and GIC will acquire all issued securities, effectively transitioning NSR into private ownership and ending its life as an independent listed REIT.

The suspension marks the final stages of the takeover process by the Brookfield and GIC consortium, consolidating control of NSR’s self-storage portfolio. For existing securityholders, the development signifies the conclusion of public trading in NSR units and a shift of the business into the hands of large global institutional investors, potentially reshaping competition and capital allocation in the Australian self-storage market.

The most recent analyst rating on (AU:NSR) stock is a Hold with a A$2.63 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 an Australian listed real estate investment trust focused on owning and operating self-storage assets. Its securities trade on the ASX under the code NSR, providing investors exposure to the self-storage property sector through a listed vehicle.

Average Trading Volume: 7,576,209

Technical Sentiment Signal: Buy

Current Market Cap: A$3.92B

For a thorough assessment of NSR stock, go to TipRanks’ Stock Analysis page.