Brookfield, GIC near binding offer for National Storage, Bloomberg News reports
Core Viewpoint - Brookfield Asset Management and Singapore's GIC are close to making a binding offer for National Storage REIT, potentially valuing the company at approximately 4 billion Australian dollars (about 2.65 billion US dollars) [1] Company Summary - National Storage REIT is a Sydney-listed company that is currently the target of a potential acquisition [1] - The deal is being pursued by Brookfield Asset Management and Singapore's GIC, indicating strong interest from major investment firms in the storage sector [1] Financial Valuation - The estimated valuation for National Storage REIT stands at around 4 billion Australian dollars, which translates to approximately 2.65 billion US dollars [1]