National Storage REIT traded at 2.75 this Wednesday February 4th. Looking back, over the last four weeks, National Storage REIT lost 0.73 percent. Over the last 12 months, its price rose by 23.32 percent. Looking ahead, we forecast National Storage REIT to be priced at 2.70 by the end of this quarter and at 2.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
National Storage REIT is an Australia-based company, which is a self-storage provider, tailoring self-storage solutions to over 97,000 residential and commercial customers at 250 storage centers across Australia and New Zealand. The Company operates within one business segment, being the operation and management of storage centers in Australia and New Zealand. The Company offers a range of services, such as self-storage, business storage, climate-controlled wine storage and trading, vehicle storage, vehicle and trailer hire, packaging supplies and insurance. In addition to the traditional self-storage offering, it provides value-added services for businesses, including receipt and dispatch, corporate account management, forklifts and pallet jacks, and versatile, adaptable spaces to suit customers'' needs. Its investment properties are in leasehold investment properties, freehold investment properties in operation and investment properties under construction.