- Storagevault Canada (SVI) has agreed to acquire two stores for $14,160,000
- The two stores are located in Edmonton, Alberta
- Following the acquisition, scheduled to close in Q4, StorageVault will fully own 206 stores and manage 238 stores across Canada
- StorageVault owns, manages and rents self-storage and portable storage space to individuals and commercial clients
- StorageVault Canada Inc. (SVI) is down 1.86 per cent, trading at C$5.29 per share at 10:15 am ET
Storagevault Canada (SVI) has agreed to acquire two stores for $14,160,000.
The acquisition is expected to close in Q4 2022.
The addition of the two stores, located in Edmonton, Alberta, will result in StorageVault owning 206 stores and owning and managing 238 stores across Canada.
The purchase price of $14,160,000 is being paid with funds on hand and first mortgages.
StorageVault, before the completion of the Acquisition, owns and operates 236 storage
StorageVault owns, manages and rents self-storage and portable storage space to individuals and commercial clients. StorageVault owns and operates storage locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia.
StorageVault Canada Inc. (SVI) is down 1.86 per cent, trading at C$5.29 per share at 10:15 am ET.