- Business
- StorageVault Canada Inc. (TSX:SVI) owns, operates, manages and rents self-storage, portable storage and records management facilities to residential, commercial and government customers across Canada. The company provides self-storage solutions under the Access Storage, Depotium Mini-Entrepôts and Sentinel Storage brands; portable storage under the Cubeit, PUPS Containers and StorageVault Containers brands comprising over 5,000 units; commercial and warehouse storage through FlexSpace Logistics; concierge moving services via MoveBuddy; and records management services including document storage, imaging and shredding through RecordXpress. Founded in 2007 and headquartered in Toronto, StorageVault manages over 251 locations across Canada representing more than 12.6 million rentable square feet on over 725 acres of land, with 221 owned facilities and approximately 900 employees.
StorageVault operates through three main segments: Self Storage, Portable Storage and Management; it also manages stores for third parties and serves individual, commercial and institutional clients nationwide. In recent developments, the company completed multiple acquisitions in 2025, including four additional self-storage facilities for $60.8 million in September from four vendor groups, seven stores plus adjacent land for $71.9 million in June from six vendors, and two locations for $59.5 million also in June, one under a 50/50 joint venture. Additionally, StorageVault closed a $50 million bought deal offering of 5.60% senior unsecured hybrid debentures in November 2025 to fund debt repayment, potential future acquisitions and general corporate purposes, driving its portfolio growth amid 5.5% revenue increase to $304.7 million and 4.1% NOI growth to $201.6 million in 2024.