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Please note that if you are a resident of Canada, in a province other than Ontario, British Columbia or Quebec, and if you decide to invest in a fund managed by Forum Asset Management Inc., you will need to do so through a registered dealer in your province of residence.
FMS Capital Trust is a Canadian self-storage strategy targeting underserved markets & driving returns from value-add operations.
Opportunity Overview
Canada's self-storage market is structurally undersupplied - at just ~40% of U.S. per capita levels{{1}} - and poised for growth due to demand tailwinds stemming from a growing population and shrinking housing sizes.
The 10 largest Canadian self-storage platforms control less than 20% of properties nationwide. Forum Make Space has a proprietary sourcing system to take advantage of the fragmented market opportunity.{{2}}
Forum and Make Space have a combined 20-year track record in managing, investing in, and operating self-storage. Team of 130 investment and asset management professionals.{{3}}
The Trust initially acquired a largely stabilized asset cluster in the Belleville-Trenton region consisting of ~1,900 self-storage units over 175,000 square feet with 33 acres of land, a region experiencing strong demographic tailwinds and a growing demand for self-storage.{{3}}
Forum Make Space invests in underserved and overlooked markets, which we expect to offer greater opportunity to execute on our value-add strategy.
Integrated operating and asset management platform is expected to create value at the property level. Includes improving revenue management, leveraging technology, and optimizing costs.{{4}}
Global economy and public markets have experienced recent waves of volatility. The Trust is expected to provide investors with stability on their investment.
