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Pinnacle Investment Boosts Stake in National Storage REIT

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Pinnacle Investment Boosts Stake in National Storage REIT

National Storage REIT ( (AU:NSR) ) has provided an announcement.

Pinnacle Investment Management Group Limited has increased its voting power in National Storage REIT from 7.58% to 8.95%, reflecting a significant change in its substantial holding. This adjustment in voting power may impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder interests.

More about National Storage REIT

National Storage REIT operates in the real estate investment trust industry, focusing on the ownership and management of self-storage centers across Australia and New Zealand. The company provides storage solutions for personal, business, and commercial needs, catering to a diverse market segment.

YTD Price Performance: -10.26%

Average Trading Volume: 4,515,065

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.92B

For a thorough assessment of NSR stock, go to TipRanks’ Stock Analysis page.

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