As we mentioned earlier the real estate sector has come off the boil of late with NSR trading 7% below its 2025 high, nothing dramatic but noticeable. This storage company has been in and around M&A activity in recent times, which rarely hurts and combined with the trend towards higher density living, increasing the demand for storage, we like NSR, supported by its 4.8% unfranked dividend.
- We like NSR for yield and capital growth: we hold NSR in our Active Growth and Income Portfolios.
MM is cautiously bullish towards NSR
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