National Storage REIT: Resilience and growth
Despite a challenging backdrop through COVID, National Storage REIT (ASX:NSR) has continued its strong trajectory into 2H FY21, supported by market conditions and ongoing portfolio optimisation. The self-storage sector has demonstrated its resilience through COVID and is benefitting from changes to how people live and work.
National Storage REIT’s CEO Andrew Catsoulis and CFO Stuart Owen joined Gary Rollo to discuss the company’s four pillars of growth which include organic, acquisitions, development and expansion and technology and innovation.
“We grew organically through development initially and then subsequently through making acquisitions for a number of years until in 2013 we made our debut on the Australian stock exchange. Roll forward seven years and it’s been a fantastic growth story for us, we now have over 210 centres during that period.” – CEO Andrew Catsoulis
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Gary is the Portfolio Manager of the Montgomery Small Companies Fund – a small-cap Australian equity fund investing in 30 to 50 high quality, undervalued small and emerging companies with strong growth potential. The fund invests outside the ASX100.