On February 6, 2019, StorageVault Canada Inc. (TSX: SVI) announced that they were acquiring Real Storage (Real), which has 38 self-storage facilities with approximately 1.6M sq. ft. of total rental space. Most of Real’s assets are located in Ontario, including a premier facility in the GTA. I also believe there are significant synergies and operating leverage opportunities.
By Charles Marleau, CIM & Joany Pagé, CFA
By Hubert Marleau
By William Mitchell