Brookfield and GIC complete record A$6.7 billion take-private of National Storage REIT

8 May 2026



Brookfield and GIC have completed their acquisition of National Storage REIT, Australia and New Zealand's largest self-storage owner-operator, in the largest-ever take-private of an ASX-listed real estate investment trust at an enterprise value of approximately A$6.7 billion. Securityholders received an all-cash consideration of A$2.86 per unit, and the deal deepens an existing joint venture GIC had already built with the company. 

Read the original article: GIC