Brookfield and GIC Pursue $1.96 Billion Loan for National Storage REIT Acquisition

Brookfield Asset Management and Singapore's GIC are reportedly in the process of securing a $1. 96 billion loan to support their acquisition of National Storage REIT, which is listed in Sydney. Bloomberg posted on X, citing sources familiar with the matter, that the loan is intended to facilitate the purchase of the Australian real estate investment trust. The acquisition of National Storage REIT is part of a strategic move by Brookfield and GIC to expand their presence in the storage sector source: https://www.binance.com/en/square/post/291081664465633?utm_source=BinanceNewsRSS