StorageVault forms joint venture with Woodbourne for CAD 71.25 million self-storage acquisitions

Reuters2026/07/28 13:12

By:Reuters

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StorageVault entered a new joint venture with Woodbourne to buy three self-storage properties for CAD 71.25 million.
StorageVault will hold 25% of the venture; Woodbourne will own 75%; StorageVault will keep managing the assets.
Deal forms part of CAD 81.55 million in agreed acquisitions; StorageVault will also buy a fourth property outright for CAD 10.3 million.
StorageVault’s total equity check is expected at CAD 28.11 million, funded with cash on hand, first mortgage financing.
Closings are expected before the end of Q3 2026; ownership footprint is set to rise to 273 Canadian locations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Storagevault Canada Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607280911PRIMZONEFULLFEED9799263) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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StorageVault forms joint venture with Woodbourne for CAD 71.25 million self-storage acquisitions

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