• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

GIC AND DREAM INDUSTRIAL REIT COMPLETE ACQUISITION OF SUMMIT INDUSTRIAL INCOME REIT

February 17, 2023 By NewsWire Tagged With: TSX:DIR.UN, TSX:DRM, TSX:SMU.UN

TORONTO and SINGAPORE, Feb. 17, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN), GIC and Dream Industrial REIT (“DIR”) (TSX: DIR.UN) today announced the closing of the previously-announced transaction pursuant to which a joint venture (the “Joint Venture”) between GIC and DIR acquired Summit in an all-cash transaction valued at C$5.9… [Read More]

Summit Industrial Income REIT Reports Fourth Quarter 2022 Financial Results

February 15, 2023 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Announces Receipt of Investment Canada Act Approval and Anticipated Closing Date for Arrangement with GIC and Dream Industrial Real Estate Investment Trust

February 8, 2023 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Receives Court Approval for Arrangement with GIC and Dream Industrial Real Estate Investment Trust

December 20, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Unitholders Approve Arrangement with GIC and Dream Industrial Real Estate Investment Trust

December 16, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

ISS and Glass Lewis Recommend Summit Industrial Income REIT Unitholders Vote FOR the Proposed Transaction with GIC and Dream Industrial Real Estate Investment Trust and Summit Industrial Income REIT Announces Receipt of Competition Act Approval

December 7, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Update on special meeting of unitholders to approve the proposed acquisition of Summit Industrial Income REIT by GIC and Dream Industrial Real Estate Investment Trust in C$5.9 billion transaction

November 22, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Reports Third Quarter 2022 Financial Results

November 9, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION

November 7, 2022 By NewsWire Tagged With: TSX:DIR.UN, TSX:DRM, TSX:SMU.UN

Transaction Highlights GIC and Dream Industrial REIT to acquire Summit Industrial Income REIT in an all-cash transaction Summit unitholders to receive cash consideration of $23.50 per unit by way of a special distribution and a redemption of units After receiving the unanimous recommendation of the special committee of the Board of Trustees of Summit, composed… [Read More]

Summit Industrial Income REIT Announces October 2022 Cash Distribution

October 14, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Announces Timing of Third Quarter 2022 Results and Conference Call

October 3, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Continues to Expand Development Program in Strong Kitchener, Ontario Market

October 3, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

  • 1
  • 2
  • 3
  • …
  • 23
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT