National Storage REIT agrees to $2.65 billion buyout by Brookfield–GIC consortium

Group 1 - Australia's National Storage REIT has signed a scheme implementation deed with a consortium backed by Brookfield Asset Management and Singapore's GIC for a buyout deal [1] - The buyout deal values the company at an undisclosed amount, indicating significant interest from major investment firms [1] - This move reflects ongoing consolidation trends in the real estate investment trust (REIT) sector, particularly in the storage space [1]