Smart Real Estate Investment Trust (“SmartREIT”) (TSX: SRU.UN) has entered into a Letter of Intent (LOI) to form a 50/50 joint venture partnership with SmartStop Asset Management LLC, a leading North American developer and operator of self-storage facilities, to build and co-own rental self-storage facilities in Canada.
Huw Thomas, CEO of SmartREIT said, “We view today’s 3rd generation, multi-storey self-storage facilities as being a complementary...
↧