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InStorage Real Estate Investment Trust

12:10 PM EST - InStorage Real Estate Investment Trust : announced Wednesday it has agreed to buy its third-party development partner InScotia Developments Limited Partnership for approximately $68 million. The acquisition is expected to benefit InStorage and its unitholders by acquiring a high quality portfolio of income producing properties with considerable upside. InStorage Real Estate Investment Trust units T.IS.UN are trading off 72 cents at $2.08.