Canstore Self Storage LP
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Canstore Self Storage LP was launched in December of 2007 with capital commitments of $55,000,000 from resident and non resident investors including $5,000,000 from Conundrum.
The mandate for Canstore Self Storage LP is to aggregate over its three year deployment period a portfolio of self storage facilities to provide investors with a superior investment alternative in a growing real estate asset class. The LP is the second LP Conundrum has developed structured in a Shariah compliant manner.
To date six self storage sites have been acquired for a total of 275,000 square feet of space in the Ontario market and additional acquisition opportunities are being pursued.