TORONTO, Feb. 15, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today continued growth and strong operating performance for the three months and year ended December 31, 2022. 2022 HIGHLIGHTS FINANCIAL: Revenue from investment properties increased by 15.8% in Q4 2022 and 15.4% in 2022. Net rental income increased by 19.3%… [Read More]

TORONTO, Feb. 7, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce the receipt of approval under the Investment Canada Act in respect of the previously announced plan of arrangement transaction that was approved by the Ontario Superior Court of Justice (Commercial List) on December 20, 2022… [Read More]

TORONTO, Dec. 20, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the “Arrangement“) pursuant to which a joint venture between GIC and Dream Industrial Real Estate… [Read More]

TORONTO, Dec. 16, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce that at its special meeting (“Meeting“) of unitholders of the REIT (“Unitholders“) held today, Unitholders voted to approve the previously announced plan of arrangement (the “Arrangement“) pursuant to which a joint venture between GIC and Dream… [Read More]

TORONTO, Dec. 7, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis and Co., LLC (“Glass Lewis”) have each recommended that unitholders of the REIT (the “Unitholders”) vote FOR the previously announced plan of… [Read More]

TORONTO, Nov. 22, 2022 /CNW/ – Summit Industrial Income REIT (“Summit“) (TSX: SMU.UN) today announced that it has mailed the management information circular (the “Circular“) and related materials for the special meeting (the “Meeting“) of its unitholders (the “Unitholders“) to approve the previously announced plan of arrangement (the “Arrangement“), pursuant to which a joint venture… [Read More]

TORONTO, Nov. 9, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today continued growth and strong operating performance for the three and nine months ended September 30, 2022. Q3 2022 HIGHLIGHTS FINANCIAL: Revenue from investment properties increased by 19.8% to $63.0 million. Net rental income increased by 17.1% to $47.1… [Read More]

TORONTO, Oct. 14, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on November 15, 2022, to Unitholders of record on October 31, 2022. About Summit Industrial Income REITSummit Industrial Income REIT is an unincorporated open-ended trust focused on growing… [Read More]

TORONTO, Oct. 3, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it will be issuing its results for the three and nine months ended September 30, 2022 on the afternoon of Wednesday, November 9, 2022. A conference call hosted by Summit’s management team will be held on… [Read More]

TORONTO, Oct. 3, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it and its joint venture development partner have waived conditions and will acquire a 26.5-acre development site located in the Grand River West Business Park in Kitchener, Ontario. Summit acquired a 50% interest in a 19.5-acre development… [Read More]