How do I qualify to make a purchase of NationWide Self Storage Trust Participating Preferred trust units?

To qualify as an eligible investor the subscriber must meet one or more of the following securities exemptions:

  1. Subscriber is a resident of Canada and is an “Accredited Investor” and has completed Schedule C of the applicable Subscription Agreement and, if applicable, has completed Schedule D of the applicable Subscription Agreement.
  2. Subscriber is a resident of Canada is not an individual and is purchasing Units with a minimum investment of C$150,000.
  3. Subscriber is a resident of Canada and is purchasing Units based on the offering memorandum exemption and has completed the Risk Acknowledgment Form in Schedule A of the applicable Subscription Agreement (including, if a resident of Alberta, New Brunswick, Nova Scotia, Ontario, Quebec or Saskatchewan, Schedules 1 and 2 to Schedule A of the applicable Subscription Agreement) and, if resident of Manitoba, Northwest Territories, Nunavut, Prince Edward Island or Yukon and buying more than $10,000 in Units, is an “Eligible Investor” pursuant Schedule B and has completed Schedule B of the Applicable Subscription Agreement.
  4. Subscriber is not a resident of Canada and has completed a Foreign Purchaser’s Certificate.

NOTE: Please view the offering page to find the applicable Subscription Agreement.

When will monthly cash distributions commence?

Cash distributions to investors are estimated to commence within 12-24 months of closing, however cash distributions may commence within 3 months after acquisitions of an already existing storage facility or within 18 months after the development or retrofit of a warehouse into a self storage facility.

How and when do investors receive their tax slips?

On or before March 31 of the year following an investment in the Trust, investors will be mailed a T3 – Statement of Trust Income Allocations and Designations from NationWide’s back office. Investors will receive a T3 for each year they own Trust units.

When will the liquidity event take place and what will investors receive at that time?

Liquidity event is expected to occur within approximately 5 to 7 years. It is anticipated that investors will receive cash or shares of a publicly traded company, but the terms and timing of a liquidity event (if any) will depend on opportunities available at the time.