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BRIEF-National Storage REIT says entered into agreement to establish the Australian Prime Storage Fund

Published 06/08/2015, 02:28 pm
Updated 06/08/2015, 02:36 pm
© Reuters.  BRIEF-National Storage REIT says entered into agreement to establish the Australian Prime Storage Fund
NSR
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Aug 6 (Reuters) - National Storage REIT NSR.AX :

* NSR to invest in development fund NSR.AX

* Says entered into a heads of agreement with Universal Self Storage

* Assets will be integrated onto the National Storage operating platform and managed as part of National Storage portfolio

* Agreement to establish the Australian Prime Storage Fund

* Says anticipated the fund will develop up to $100 million of assets with project construction scheduled to commence later

* Says National Storage continues to actively pursue acquisition opportunities

* Source text for Eikon ID:nASX35VXB7

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