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Resolution Capital Acquires Substantial Stake in National Storage REIT

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Resolution Capital Acquires Substantial Stake in National Storage REIT

Elevate Your Investing Strategy:

National Storage REIT ( (AU:NSR) ) has provided an announcement.

Resolution Capital Limited has become a substantial holder in National Storage REIT, acquiring a 5.04% voting power with 70,169,444 ordinary fully paid shares. This acquisition indicates a significant investment interest in National Storage REIT, potentially impacting its market positioning and signaling confidence in its business operations to stakeholders.

The most recent analyst rating on (AU:NSR) stock is a Sell with a A$2.55 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 operates in the real estate investment trust (REIT) industry, focusing on the acquisition, development, and management of self-storage facilities. The company provides storage solutions to a diverse customer base, including individuals and businesses, across various locations.

Average Trading Volume: 5,273,954

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.38B

For detailed information about NSR stock, go to TipRanks’ Stock Analysis page.

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