Morningstar lifts Aussie NSR’s fair value after Brookfield-GIC box up $2.65 bln swoop
** Morningstar nudges National Storage REIT’s 
NSR fair value estimate 2% higher to A$2.86 per security, banking on the certainty of Brookfield-GIC takeover going through
** Trust said Monday it accepted an A$4 billion ($2.65 billion) takeover bid from a consortium backed by Brookfield 
BAM and Singapore's GIC
** Investment research firm deems offer price as "reasonable", noting the 10% premium to its stand-alone fair value of A$2.60 per security
** Adds, the 11% premium to June 30 net tangible assets tops what peer Abacus Storage King 
ASK secured earlier this year
** Deal still hinges on conditions, including regulatory approvals, while potential rival bids add upside risk
** NSR has climbed 19.2% this year after Monday’s A$2.79 close, but remains shy of the A$2.86 cash offer price
($1 = 1.5101 Australian dollars)