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National Storage REIT (NSR.AX)

NSR.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

National Storage Reit to acquire two freehold storage centres
Wednesday, 22 Mar 2017 08:28pm EDT 

National Storage Reit : Has entered into arrangements to acquire two freehold storage centres in Dunedin, New Zealand .Centres are set to be acquired for NZ$14 million from Roslyn Storage Limited with settlement expected in late march 2017.  Full Article

National Storage Reit to acquire two freehold storage centres
Wednesday, 22 Mar 2017 07:08pm EDT 

National Storage Reit : Has entered into arrangements to acquire two freehold storage centres in Dunedin, New Zealand .Centres are set to be acquired for NZ$14 million from Roslyn Storage Limited with settlement expected in late march 2017.  Full Article

National Storage REIT to acquire site on Bundall Road
Tuesday, 14 Mar 2017 12:54am EDT 

National Storage Reit : Has entered into arrangements together with Leyshon Group to acquire site on Bundall Road, Bundall On Gold Coast . NSR has been appointed manager of project and will generate additional income from providing a range of services . To facilitate transaction NSR has increased its club banking facilities by $45 million .Bundall acquisition will be financed independently on a non-recourse basis.  Full Article

National Storage Reit entered into arrangements to acquire second freehold storage centre in Artarmon
Thursday, 1 Dec 2016 12:19am EST 

National Storage Reit : NSR to acquire second artarmon centre-nsr.ax . Centre is set to be acquired for $10.75 million from Ebley Street Holdings Pty Ltd And Metro Storage Pty Ltd .Entered into arrangements to acquire a second freehold storage centre in Artarmon, Sydney..  Full Article

National Storage Reit enters new institutional term loan with AustralianSuper
Thursday, 29 Sep 2016 07:46am EDT 

National Storage Reit : Has entered into arrangements to refinance part of its existing debt portfolio . Facility will be drawn down in december 2016 and will be utilised to partially repay existing bank facilities . Finance will marginally increase all-in cost of debt which has been accounted for within fy17 guidance . Nsr enters new institutional term loan with Australiansuper .$100 million bi-lateral facility agreement is a further progression in nsr's capital management strategy.  Full Article

National Storage REIT to acquire self-storage assets in Kurnell, Moonah
Tuesday, 23 Aug 2016 04:50am EDT 

National Storage REIT : Says entered into arrangements to acquire self-storage assets in kurnell, Sydney, in moonah, hobart and in butler, Perth . Says kurnell will be purchased for approximately $17.45 million and moonah for $3.3 million . Says both acquisitions fit within NSR's target yield range and are to be funded from NSR's debt facility . Nsr also exercised an option to purchase the Butler asset for $8.8 million . Kurnell will be acquired from the Highndry Australia Group and Moonah will be acquired from Pitcairn Self Storage .  Full Article

National Storage REIT announces Nsr Portfolio acquisition and equity raising
Tuesday, 28 Jun 2016 12:06am EDT 

National Storage REIT : Nsr portfolio acquisition and equity raising . Entered into arrangements to acquire the southern cross portfolio of assets which it currently manages . Reaffirms FY 2016 EPS guidance of 8.7 - 8.8 cents per stapled security . Expects FY 2017 underlying earnings to be within a range of 9.2 - 9.4 cents per stapled security . Acquisitions will be funded via combination of debt and $260M equity raising, and are expected to be accretive to FY 2017 earnings . Will conduct a placement to existing eligible institutional shareholders and new institutional investors to raise $101M .  Full Article

National Storage REIT updates on asset acquisition
Tuesday, 10 May 2016 07:58pm EDT 

National Storage REIT : Nsr to acquire inner Melbourne asset . Asset will be purchased for $12.5 million . Acquisition is forecast to be accretive to underlying earnings" .  Full Article

National Storage REIT enters into arrangements to acquire a self storage asset in Darwin
Tuesday, 5 Apr 2016 12:33am EDT 

National Storage REIT:Says it has entered into arrangements to acquire a self storage asset in darwin.Says asset will be purchased for approximately $10.75 million to be funded from NSR's debt facility.Says the transaction will be accretive to underlying earnings and fits within nsr's target yield range.  Full Article

National Storage REIT to buy self-storage asset in New Zealand
Tuesday, 15 Sep 2015 03:00am EDT 

National Storage REIT:Says it has entered into arrangements to acquire a self-storage asset in Hamilton, New Zealand.Says asset will be purchased for approximately NZ$7.4 million.Says purchase price to be funded from NSR's NZ debt facility.Says National Storage continues to actively pursue acquisition opportunities Says settlement is expected in October 2015.  Full Article

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