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Sign in Sign up for a FREE subscriptionGaw in talks to buy Australia’s largest self-storage trust
Gaw Capital Partners has made a non-binding takeover offer for National Storage REIT, one of Australia’s largest self-storage operators, various media outlets have confirmed.
The discussions are in a preliminary stage.
National Storage REIT has a value of €1.07 billion ($1.18 billion). Formed in December 2013, National Storage REIT serves more than 60,000 residential and commercial customers at more than 170 storage centers across Australia and New Zealand.