Latest National Storage REIT (ASX:NSR) News

National Storage REIT (ASX:NSR) has confirmed satisfaction of key foreign investment conditions for its proposed acquisition by a Brookfield-GIC consortium, with securityholder meetings scheduled for mid-April.

National Storage REIT has dispatched the crucial Scheme Booklet to securityholders detailing the all-cash acquisition offer by a Brookfield and GIC consortium, setting the stage for the upcoming vote on 15 April 2026.

A single biotech result reset expectations in minutes, while gold and critical minerals kept investors busy on deals, drilling and funding. The week’s biggest moves came from one trial being stopped, a miner losing altitude after heavy selling, and a U.S. tungsten stock hit hard on risk-off trading.

The Supreme Court of New South Wales has approved the convening of meetings for National Storage REIT securityholders to vote on a $2.86 per security acquisition offer by a Brookfield-GIC consortium. The independent expert report supports the transaction as fair and reasonable, with the NSR Board unanimously recommending approval.

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

National Storage REIT delivered robust half-year results with earnings and occupancy gains, while agreeing to a premium acquisition offer from Brookfield-GIC consortium.

National Storage REIT has reported a robust half-year performance with rising earnings and a significant takeover proposal offering a 26.5% premium to shareholders.

National Storage REIT reported a 10.8% rise in revenue for the half year ended December 2025, while profit after tax fell 16.2%. The REIT declared a fully franked interim dividend of 6 cents per security.

National Storage REIT has announced a fully franked 6 cent dividend for the second half of 2025, while withdrawing all prior guidance due to a significant scheme announcement.

National Storage REIT has entered a definitive agreement to be acquired by a Brookfield and GIC-led consortium for $2.86 per security, valuing the company at $4 billion. The Board unanimously recommends the scheme, pending shareholder and regulatory approvals.

National Storage REIT has received a conditional, non-binding proposal from a Brookfield and GIC consortium to acquire all stapled securities at $2.86 each, triggering an exclusivity period for negotiations.

National Storage REIT delivered robust FY25 results, surpassing earnings guidance and expanding its development pipeline, while advancing sustainability and technology initiatives.