NSR national storage reit

Am looking into REIT's for the first time. Anyone know why the...

  1. 206 Posts.
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    Am looking into REIT's for the first time. Anyone know why the management expense ratio of this REIT is so high? commsec is quoting 29.5%. Most others are sitting below 0.5%.

    Same deal with the P/B value. Does this REIT not actually own any of the land it leases out?

    The main reason I was looking into this particular stock is potential benefits from the downsizing grant may give this group some unexpected earnings.
 
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(20min delay)
Last
$2.37
Change
0.040(1.72%)
Mkt cap ! $3.297B
Open High Low Value Volume
$2.33 $2.39 $2.32 $4.635M 1.961M

Buyers (Bids)

No. Vol. Price($)
36 145760 $2.37
 

Sellers (Offers)

Price($) Vol. No.
$2.38 138628 46
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Last trade - 15.46pm 30/07/2025 (20 minute delay) ?
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