Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
Herbert Smith Freehills Kramer is pleased to be advising GIC in relation to its proposed acquisition of National Storage REIT (NSR) by way of a scheme of arrangement...
Australia
Herbert Smith Freehills Kramer is pleased to be advising GIC in
relation to its proposed acquisition of National Storage REIT
(NSR) by way of a scheme of arrangement as part of
a consortium with entities established and owned by Brookfield
Asset Management, on behalf of its affiliates and their managed
funds (Brookfield). Ashurst acted for the
consortium.
NSR is the largest self-storage provider in Australia and New
Zealand and the bid reflects an equity value of approximately $4.0
billion and an enterprise value of $6.7 billion.
Philippa Stone said, "We are extremely proud to be working
with GIC on this significant acquisition."
Implementation of the scheme is subject to certain conditions
including NSR shareholder approval, court approval and approval by
the Foreign Investment Review Board.
Contributor
Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.