Singapore's GIC invests in US-based self-storage player StorageMart

Singapore's GIC invests in US-based self-storage player StorageMart

Singapore sovereign wealth fund GIC, Cascade Investment and other investors have taken stakes in StorageMart, the US-based self-storage company said in a statement Tuesday.

The transaction values StorageMart, which says it is the largest privately owned self-storage company globally, at $2.7 billion, the statement said.

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