ICM – Bluebird Canadian Self Storage Fund
Dear Unitholders,
The third quarter of 2025 has been another period of meaningful progress for the ICM Bluebird Canadian Self Storage Fund (the “Fund”). As the self-storage sector continues to attract increased institutional investment, our portfolio remains well positioned to capture the benefits of this sustained interest. Over the quarter, we achieved key milestones at our Quebec City development projects, completed a successful refinancing on favorable terms, and maintained strong operational performance across the portfolio. Our strategy remains focused on high-quality assets in prime markets across Canada, supporting long-term value and growth for our unitholders.
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