Global investment giant Barings has forged into Australia’s booming self-storage market with a $200 million investment in Swift Storage, giving it a majority stake in the high-tech, contactless self-storage operator.
The deal is the latest addition to Barings’ rapid expansion into Australia’s commercial property sector, buying up around $2 billion in real estate of various forms over the past 18 months.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
