StorageVault Canada Completes the Acquisition of Four Storage Properties
MT newswire2026/08/26 15:38Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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11:38 AM EDT, 08/26/2026 (MT Newswires) -- StorageVault Canada (SVI.TO) said Wednesday it acquired four storage assets for C$81.6 million. Three of the properties, costing C$71.25 million in total, were acquired through a newly formed joint venture with Woodbourne. StorageVault, which holds a 25% interest in the joint venture, will continue to manage the properties. The fourth property, acquired for C$10.3 million, is wholly owned by StorageVault. StorageVault's share of the total purchase price of the acquisitions, was C$28.1 million, and was paid with first mortgage financing and funds on hand, a statement said. StorageVault shares were last seen down C$0.02, to C$4.49, on the Toronto Stock Exchange. Price: 4.49, Change: -0.02, Percent Change: -0.44
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