Ki and Public Storage failed to acquire the remaining shares in Abacus Storage King.

Ki, a furniture manufacturer, and Public Storage, a REIT that primarily acquires, develops, owns, and operates self-storage facilities, failed to acquire the remaining shares in Abacus Storage King, one of the largest self-storage owners in Australia and New Zealand. "We appreciate Abacus Storage King’s partnership through the due diligence processes. Following extensive review, we were unable to match their Independent Board Committee’s value assessment. This decision reflects our financial discipline and confidence in the wide array of opportunities available to continue enhancing our portfolio," Russell, Public Storage CEO.