National Storage REIT is a real estate investment trust specializing in self-storage solutions across Australia and New Zealand. As the region’s largest self-storage provider, it operates more than 250 centers and serves approximately 97,000 residential and commercial customers. The trust is distinguished by its vertically integrated model, directly owning or managing the majority of its storage sites and providing a range of tailored offerings, including personal and business storage, climate-controlled wine storage, vehicle storage, and ancillary products like packaging materials, locks, and insurance. National Storage REIT generates most of its income through rental revenue, complemented by sales of these value-added products and services. Founded in 2000 and publicly listed since 2013, National Storage REIT has played a significant role in consolidating a fragmented self-storage industry dominated by a handful of major players and many independent operators. Its growth is underpinned by both organic rent increases and strategic acquisitions and developments, reflecting its central position within the industrial REIT sector. By offering scalable, flexible storage solutions, the trust supports a wide array of customer needs and maintains a strong market presence in the Australasian real estate landscape.