Inside Self-Storage - Real Estate Investment Trust (REIT)

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

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

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

Extra Space Storage Participates in BMO North American REIT Conference

Kent Christensen, president and chief financial officer of Extra Space Storage Inc., will participate in the "Shelter From the Storm" panel at the North American REIT Conference hosted by BMO Capital Markets on Sept. 12, 2008. ...More

September 10, 2008

Posted in News

Public Storage Opens Montreal Facility

Canadian Mini-Warehouse Properties Co., the general partner of Public Storage Canadian Properties, opened an 800-unit, 84,000-square-foot self-storage facility in Laval, a suburb of Montreal. ...More

July 1, 2008

Posted in News

Sovran Self Storage Forms Joint Venture for Property Acquisition

Sovran Self Storage Inc. has formed a joint venture with an affiliate of Heitman LLC to acquire up to $350 millino worth of U.S. self-storage properties. ...More

June 9, 2008

Posted in News, Real Estate

NAREIT Launches New Website for 'All Things REIT'

The National Association of Real Estate Investment Trusts (NAREIT) has launched REIT.com, a new Web portal designed to be the home for “all things REIT.” ...More

June 5, 2008

Posted in News, Real Estate

Extra Space Storage to Present at REITWeek 2008

Kenneth M. Woolley, chairman and CEO of Extra Space Storage Inc., will present at REITWeek 2008, the National Association of Real Estate Investment Trusts Investor Forum, in New York City on June 4, 2008. ...More

May 28, 2008

Posted in News

Extra Space Storage Launches Public Offering of Common Stock

Extra Space Storage Inc. is beginning an underwritten public offering of 13,000,000 shares of its common stock, with all shares being offered by the company. Extra Space intends to use the net proceeds from the offering for debt repayment and general business purposes, ...More

May 12, 2008

Posted in News, Finance, Real Estate

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