InStorage Real Estate Investment Trust
TSX : IS.UN

InStorage Real Estate Investment Trust

April 29, 2008 09:58 ET

InStorage REIT Announces New Senior Management Appointment

TORONTO, ONTARIO--(Marketwire - April 29, 2008) - InStorage Real Estate Investment Trust (TSX:IS.UN) announced today that Ms. Judy Kan has been appointed Senior Vice President, Investments. Ms. Kan's responsibilities will include acquisitions, asset management and debt strategy.

Prior to joining InStorage, Ms. Kan was Senior Vice President Real Estate for a major Canadian hotel REIT. She has twenty years of commercial real estate experience in the office, industrial, retail, residential and hotel sectors, including lending, pension fund management and asset management. She holds an MBA from the University of Toronto, a Bachelor's Degree in Civil Engineering from the University of British Columbia, and is a qualified member of the Royal Institute of Chartered Surveyors.

"We are very pleased to welcome Judy Kan to our senior management team," said T. James Tadeson, Chief Executive Officer. "Her considerable experience in commercial real estate will prove invaluable as we continue to grow our business and cash flow while enhancing our presence as Canada's largest owner and operator of self-storage facilities."

InStorage Real Estate Investment Trust

The REIT is an unincorporated open-ended real estate investment trust that invests primarily in self-storage properties and ancillary businesses throughout Canada. The REIT is the largest owner/operator of self storage facilities in Canada and is the country's leading self-storage industry consolidator, with a current portfolio of 52 self-storage properties located in Alberta, Saskatchewan, Ontario and Quebec. The REIT's Units (Symbol IS.UN) are traded on the Toronto Stock Exchange.

Additional information concerning the REIT may be obtained on the REIT's website, www.instoragereit.ca, and on the SEDAR website at www.sedar.com, under the REIT's profile.

Contact Information

  • InStorage Real Estate Investment Trust
    T. James Tadeson
    Chief Executive Officer
    (416) 867-9705
    Website: www.instoragereit.ca