TG assists National Storage with its recent acquisitions

31 August 2016

News

Our client, National Storage, recently unveiled acquisitions to the value of around $301 million, including the Southern Cross portfolio purchase of $285 million.

Our Brisbane Banking & Finance team, led by Partner, Rhonda Chesmond, advised National Storage on the debt arrangements of $300 million to make these and future acquisitions through 2017 possible.  The purchase of these new assets make National Storage the biggest player in the storage business in Australia and New Zealand, boosting the group’s portfolio to about $900 million.