National Storage REIT

Company Profile

• Business description

  National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company’s key growth drivers are acquisitions and developments.

• Contact

  1 Eagle Street
  Level 16
  BrisbaneQLD4000
  AUS

  T: +61 1300216803

  https://www.nationalstorageinvest.com.au

• Sector

  Real Estate

  Stock type

  Cyclical

• Industry

  REIT - Industrial

  Fiscal Year End

  30 June 2025

  Employees

  670