Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

Nicola Wealth Real Estate Bolsters Management Team for Advanced Storage Centres Portfolio


Nicola Wealth Real Estate adds two key executives to the management team
to position for future growth.

Vancouver, BC, February 3, 2021 – Nicola Wealth Real Estate (NWRE) is pleased to announce the addition of two key executives to join the Advanced Storage Centres management team.  Advanced Storage Centres, fully owned by Nicola Canadian Real Estate LP, comprises six self-storage properties in the Vancouver Lower Mainland totalling over 5,000 lockers and 425,000 SF.

The new hires include PJ Juneja, joining from another major self-storage operator in Vancouver, will serve as Director of Advanced Storage Centres. He has extensive management experience with over 20 years in the self-storage industry.  Also bringing an established background in the self-storage segment is Alex Kwok who has been hired as Marketing Manager.

“The Advanced Storage Centres portfolio plays a very important role in our Nicola Canadian Real Estate LP.  The self-storage asset class has historically performed very well as it provides reliable income and great asset diversification,” says Mark Hannah, Director of Nicola Wealth Real Estate. “Self-Storage requires hands-on experienced management to provide consistent returns.  The addition of PJ and Alex to our management team helps position Advanced Storage Centres to scale up significantly for future growth in Canada.”

“We are very excited to join NWRE and the Advanced Storage Centres team to lead this company to the next level” Director of Advanced Storage PJ Juneja confirmed.  “We will be focusing on revenue growth, brand recognition, and excellent customer service.”

NWRE continues to concentrate its growth in major Canadian markets including Greater Vancouver, Vancouver Island, the Okanagan, and the Greater Toronto Area, with a focus on acquiring income-producing properties.

To learn more about the Nicola Wealth Real Estate funds, visit realestate.nicolawealth.comAdvanced Self Storage SquamishAdvantage Self-Storage North Vancouver

About Nicola Wealth Real Estate
Nicola Wealth Real Estate (NWRE) is the in-house real estate team of Nicola Wealth, a premier Canadian financial planning and investment firm with $9.2 billion (CAD) of assets under management. NWRE has an experienced and innovative team that sources and asset manage a growing portfolio of properties in major markets across North America spanning a diversified range of asset classes which include office, retail, industrial, multi-family residential, self-storage, and seniors housing. With the acquisition of Blackwood Partners, the current real estate portfolio now exceeds $6.0 billion gross asset value.

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Victoria Emslie
[email protected]