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How National Storage REIT’s $236m Profit Fuels Its Massive Growth Pipeline

9:15pm on Friday 29th of August, 2025 AEST Real Estate
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How National Storage REIT’s $236m Profit Fuels Its Massive Growth Pipeline

9:15pm on Friday 29th of August, 2025 AEST
Key Points
  • IFRS profit of $236.1 million and underlying earnings growth of 6.4%
  • Portfolio expanded to 274 centres with 20 new additions in FY25
  • Development pipeline includes 54 projects totaling 489,000m² net lettable area
  • Partnership with GIC deploying $498 million capital, recycling proceeds to repay debt
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