Canada Self-Storage

  • Canadian Storage Withdraws Hostile Bid for InStorage
    Canadian Storage Partners ULC (CSP) has withdrawn its hostile bid for InStorage Real Estate Investment Trust, as the two companies have made some progress at a friendly deal instead. CSP, a unit of the U.S.-based self-storage operator TKG-StorageMart, said it ...More
    December 1, 2008
    Posted in News
  • InStorage REIT Considers Takeover, Canadian Storage Partners Extends Deadline
    InStorage Real Estate Investment Trust of Canada is considering a takeover bid made by Canadian Storage Partners ULC, which has extended its offer deadline until Dec. 5, 2008. ...More
    November 26, 2008
    Posted in News
  • StorageVault Canada Buys PUPS Portable Storage for $1.33 Million
    StorageVault Canada Inc. entered into an acquisition agreement to purchase Canadian PUPS Storage Inc.’s portable storage business in Regina, Saskatchewan, Canada, for $1.33 million. StorageVault also entered into a master franchise agreement with Canadian PUPS ...More
    November 13, 2008
    Posted in News
  • InStorage REIT Board Urges Rejection of Takeover Bid From Canadian Storage Partners
    In response to an unwelcome takeover bid issued from TKG-StorageMart Partners, the Board of Trustees of Canada-based InStorage Real Estate Investment Trust has unanimously recommended that unitholders reject the hostile offer. ...More
    November 4, 2008
    Posted in News
  • The Future of Canadian Self-Storage
    Although the credit crunch has created a pause in lending, the self-storage industry in Canada has remained healthy—occupancy and rental rates are climbing, and development is being absorbed. Operators are expected to begin focusing on building local portfolios. ...More
    October 25, 2008 Mike Foy
    Posted in Articles, Development, Finance
  • StorageMart Makes Play for Canada's InStorage REIT
    Last week, Columbia-based TKG-StorageMart Partners made an unsolicited bid to take over Canada-based InStorage Real Estate Investment Trust. ...More
    October 21, 2008
    Posted in News
  • Canadian Trading Partners Buys Stake in InStorage
    A U.S. operator of self-storage facilities has taken a 19.6 percent stake in InStorage Real Estate Investment Trust and indicated it may increase its holding and make a takeover bid for Canada's biggest self-storage owner. Canadian Trading Partners LLC (CTP), part of ...More
    October 16, 2008
    Posted in News
  • StorageVault Canada Plans to Purchase Winnipeg Facility
    StorageVault Canada Inc. signed an Option to Purchase Agreement to buy a self-storage facility in Winnipeg, Manitoba, Canada, from an arm's length vendor. The right to exercise the option to purchase begins Jan. 1, 2009, and continues until Jan.15, 2009. The aggregate ...More
    October 15, 2008
    Posted in News
  • InStorage REIT Buys InScotia for C$68 Million
    InStorage Real Estate Investment Trust  agreed to buy its third-party development partner InScotia Developments Limited Partnership for approximately C$68 million. The acquisition is expected to benefit InStorage and its unitholders by acquiring a portfolio of ...More
    October 13, 2008
    Posted in News
  • Canadian Mini-Warehouse Building Self-Storage in Ottawa, Canada
    Canadian Mini-Warehouse Properties Co., a partner of Public Storage Canadian Properties, purchased a 10.6-acre vacant lot in Ottawa, Ontario, Canada for $889,000 to build a self-storage facility. The company plans to spend $7 million to develop the property, ...More
    October 6, 2008
    Posted in News
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