Australia's National Storage REIT says Warburg Pincus made $1.2b bid

Australia's National Storage REIT says Warburg Pincus made $1.2b bid

National Storage REIT revealed on Tuesday New York-based private equity firm Warburg Pincus as the third suitor in the race to buy Australia’s largest self-storage operator, offering A$1.73 billion ($1.16 billion).