Self-storage has historically offered a favourable risk-return profile compared to other property sectors and offers resilience through economic cycles. Our research estimates that within both Canada and the United States, approximately 80% of the self-storage market remains largely fragmented, offering substantial opportunity for MMSP to continue its consolidation strategy across North America. Operating markets are selected based on sustainable self-storage demand drivers with an emphasis on the geographical clustering of assets. This hub-and-spoke approach to growth allows the business to optimize spend within the localized area, increase market share, and create pricing advantages. Our team uses a data-driven approach to target acquisitions where they can drive value for customers and investors.
Mini Mall Storage
Properties Trust
Mini Mall Storage Properties Trust (MMSP) strategically pursues operationally sustainable and financially accretive self-storage real estate investments. MMSP employs a hub-and-spoke operating model that allows the business to efficiently and effectively manage over 230 locations. The synergies created by this model deliver true, long-term performance benefits. MMSP continues to see opportunities for expansion due to a mix of favourable market conditions, including the demographic shift toward an aging population, dwindling square footage of housing construction, and a low supply of self-storage per capita compared to consumer demand.
Note: Returns net of fees, inclusive of reinvestment of distributions. Figures presented for the year ended December 31, 2024
Investment Strategy
View our full
self-storage portfolio
Fund Returns
C$140,000
C$130,000
C$120,000
C$110,000
C$100,000
2020
2021
2022
2023
2024
CALENDAR RETURNS
Class F
2021
13.21%
2022
12.86%
2023
12.03%
2024
9.30%
Annualized Returns
Class F
1 Year
9.30%
2 Year
10.66%
3 year
11.39%
Since Inception
11.00%
Note: Returns net of fees, inclusive of reinvestment of distributions. Figures presented for the year ended December 31, 2024.
Fund Returns
C$140,000
C$130,000
C$120,000
C$110,000
C$100,000
2020
2021
2022
2023
2024
CALENDAR RETURNS
Class F
2021
13.21%
2022
12.86%
2023
12.03%
2024
9.30%
Annualized Returns
Class F
1 Year
9.30%
2 Year
10.66%
3 year
11.39%
Since Inception
11.00%
Note: Returns net of fees, inclusive of reinvestment of distributions. Figures presented for the year ended December 31, 2024. *Denotes partial period
Fund Returns
C$140,000
C$130,000
C$120,000
C$110,000
C$100,000
2020
2021
2022
2023
2024
CALENDAR RETURNS
Class F
2021
13.21%
2022
12.86%
2023
12.03%
2024
9.30%
ANNUALIZED RETURNS
Class F
1 Year
9.30%
2 Year
10.66%
3 year
11.39%
Since Inception
11.00%
Note: Returns net of fees, inclusive of reinvestment of distributions. Figures presented for the year ended December 31, 2024. *Denotes partial period
Mini Mall Storage Properties Trust
- PRODUCT TYPE
- Mutual Fund Trust
- Target total return (10 Year)
- 12% - 15% per annum (net of fees)
- Registered Eligible
- Yes
- DRIP
- 2% Discount to nav
- Target Distributions
- $0.70 Per Unit Per Annum (Class F)
- Purchases
- Monthly
- Redemptions
- Monthly
Note: Returns net of fees, inclusive of reinvestment of distributions. Figures presented for the year ended December 31, 2024.
Property Enhancements
8591 Kingston Street | Avon, In
Before
after
Updated signage
& branding
Exterior
Cladding
Upgraded
Rollup Doors
109 Winans Ave | Hot Springs, AR
Before
after
Upgraded Gate
Access Control
New signage
& branding
Repainting
Key Acquisitions
Interactive Map
Hover over numbers to view
key acquisitions.
