National Storage (NSR) is a high yielding, high growth real estate investment trust
Tim Hannon
Newgate Capital Partners
National Storage (NSR) is a high yielding, high growth real estate investment trust. NSR is a self-storage asset owner and manager that provides a forecast distribution yield of 7.3% for 2015. Through a combination of increased occupancy and acquisitions NSR should grow its dividends at least 5% per annum. NSR currently owns or manages ~60 storage facilities across Australia, and with a current market of nearly 1,000 storage centres, the opportunity for acquisition based growth is material. If NSR can even part way emulate the success of offshore peers (Public Space Storage in the USA, Big Yellow Group in the UK) it will enjoy share price appreciation well in excess of the majority of Australian based real estate companies. Disclosure: Freehold Funds own NSR
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Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian Equities, Head of Real Estate and Co-Manager of Global Real Estate Securities portfolios with Goldman Sachs LLP. Tim was also founder and co-manager of the Goldman Sachs JBWere Australian Infrastructure Securities Fund, and co-manager of the award winning Goldman Sachs JBWere Emerging Leaders Fund. Over his career, Tim has been nominated or won eight distinguished industry awards, including “Fund Manager of the Year”.
Tim holds a Bachelor of Economics and a Graduate Diploma from the Securities Institute of Australia. Tim is also a Fellow of the Financial Institute of Australia and holds a Masters of Business Administration from Melbourne Business School.
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Tim Hannon
Principal
Newgate Capital Partners
Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian...
Expertise
No areas of expertise
Tim Hannon
Principal
Newgate Capital Partners
Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian...
Expertise
No areas of expertise
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