National Storage REIT Overview
Pro stress-test →National Storage is the largest self-storage provider in Australia and New Zealand, with over 290 centres providing tailored storage solutions to over 100,000 residential and commercial customers. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).
Strategic Profile
Pro stress-test →Majority of its income is derived from rents, with additional revenue streams coming from ancillary products and services such as packaging materials, locks, and insurance. National Storage plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management.
Competitive Landscape
Pro stress-test →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.
Industry Context
National Storage REIT operates in Real Estate - Self-Storage REIT.
Key facts
Founded: 2013 · Headquarters: Sydney, Australia · Employees: 679 · Revenue: N/A · Market cap: $3.9B AUD