Australia Prime Storage Fund (APSF) has agreed to sell its remaining self storage centres, being National Storage Albion (NSA), Kelvin Grove (NSK) and Canterbury (NSC) to National Storage (NSR) for $63.25m.The sale of NSA and NSKG was completed on 26 July 2019, and the sale of NSC will be settled when construction is completed in early September 2019.
This sale concludes the successful joint venture between Universal Self Storage Prime Storage Fund (USSPSF) and NSR, which has developed, owned and realised 4 prime, self storage centres with a combined sale value of over $77m.