Issue 6 – The StorageVault Empire Just Got Bigger

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.

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By Charles Marleau, CIM & Joany Pagé, CFA

 

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By Hubert Marleau

 

Click to Read Palos-Mitchell Report

By William Mitchell