National Storage stock: Brookfield and GIC complete takeover

Brookfield and GIC completed the acquisition of National Storage REIT on May 11, 2026, according to Inside Self Storage. The completed transaction marks a change in ownership for the Australian and New Zealand self-storage operator and ends the takeover process described in the report.

Ownership Shift Reshapes Sector

The deal places National Storage under the ownership of Brookfield and Singapore sovereign wealth fund GIC. For investors, the transaction shifts the focus from the listed vehicle to the operating assets and the new owners' plans for the portfolio.

National Storage's investor website says the group serves more than 90,000 residential and commercial customers through more than 250 storage centres across Australia and New Zealand. The business has positioned itself as one of Australia's largest self-storage providers, with an integrated model covering ownership and operation of storage centres.

Scale Defines Business Position

National Storage owns, operates and manages self-storage facilities in Australia and New Zealand. The company serves residential and commercial users through a network spanning both markets. Other named players in the wider self-storage sector include Storage King Group, Abacus Storage King and Public Storage, giving investors several reference points for assessing scale, regional reach and ownership models.

Australia's broader market context can be followed through current market reports and sector developments.

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