March 18 (Reuters) - National Storage Reit NSR.AX :
* UPDATE ON NEGOTIATIONS WITH PUBLIC STORAGE
* PSA HAS ADVISED NSR IT HAS DETERMINED NOT TO PURSUE AN OFFER FOR NSR AT THIS TIME
* TO CONTINUE TO FOCUS ON STRATEGY OF MAXIMISING RETURNS VIA DIVERSIFIED REVENUE STREAMS AS OUTLINED IN H1 RESULTS DISCUSSION
* PUBLIC STORAGE TO NOT PURSUE OFFER WORTH $2.40/NSR STAPLED SECURITY FOR CO