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 approximately 12-30 months of the final investment 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 an existing warehouse into a self storage facility.

How and when do investors receive their tax slips?

On or before March 31 of the year following the announcement of cash distributions 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 9 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.