New York CRF gets self storage

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US / EUROPE - The $155bn New York Common Retirement Fund (NYCRF) has acquired a majority stake in Public Storage's Shurguard Europe self-storage business.

The deal, worth €383.2m ($606m) would see NYCRF take a 51% stake in the company based in Brussels, Belgium, with the other 49% owned by Public Storage. Public Storage would continue to act as m...

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