InStorage REIT Sinks Another $35.5 million in Self-Storage

December 12th, 2006

InStorage Real Estate Investment, together with InScotia Developments, agreed to make investments in a portfolio of 10 high
quality self-storage properties in Western Canada. Why?

“The acquisition of these self-storage properties will increase our
exposure to western Canada, further expand our national platform, and solidify InStorage as a leading national consolidator of self-storage properties.

This is consistent with our stated strategy of producing a stable and growing stream of cash distributions for unitholders from the ownership and management
of high quality self-storage properties,” said James Tadeson, Chief Executive Officer of InStorage REIT.

Increasing exposure… that’s what it’s all about from a branding perspective. I wonder who InStorage will gobble up next…

Entry Filed under: Branding/Corporate Identity