TORONTO, April 15, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on May 15, 2020 to Unitholders of record on April 30, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces Timing of First Quarter 2020 Results and Conference Call
TORONTO, April 7, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today that it will be issuing its results for the three months ended March 31, 2020 on the afternoon of Tuesday, May 12, 2020. A conference call hosted by Summit II’s management team will be held on Wednesday,… [Read More]
Summit Industrial Income REIT Signs New Unsecured Credit Facility
TORONTO, March 23, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has arranged and closed on a new $300 million unsecured revolving credit facility maturing on March 23, 2023 bearing an interest rate based on banker’s acceptance plus 170 basis points (bps) or bank prime plus 70… [Read More]
Summit Industrial Income REIT Announces March 2020 Cash Distribution
TORONTO, March 13, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on April 15, 2020 to Unitholders of record on March 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT to Acquire LEED- Certified Distribution Facility in GTA
TORONTO, March 3, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A temperature-controlled single tenant distribution facility in Guelph, Ontario. The 282,133 square foot building is LEED Gold Certified and is the main distribution facility for Central… [Read More]
Summit Industrial Income REIT Reports Record Growth and Operating Performance in 2019
TORONTO, Feb. 19, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today record operating and financial performance for the three months and year ended December 31, 2019. 2019 Highlights: Revenues up 54.3% on portfolio growth, high stable occupancies and rent increases. Occupancy strong at 98.5% with average lease… [Read More]
Summit Industrial Income REIT Announces February 2020 Cash Distribution
TORONTO, Feb. 14, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on March 13, 2020 to Unitholders of record on February 29, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces Timing of Fourth Quarter and Year-End 2019 Results Conference Call and Slide Presentation
TORONTO, Feb. 3, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today that it will be issuing its results for the three months and year ended December 31, 2019 on the afternoon of Wednesday, February 19, 2020. A conference call hosted by Summit II’s management team will be… [Read More]
Summit Industrial Income REIT to Acquire Six-Building GTA Industrial Park
TORONTO, Jan. 29, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced that it has waived conditions and will acquire 100% of the Cochrane Business Park, a six-building light industrial campus located in Markham within the Greater Toronto Area (“GTA”). The six buildings total 228,719 square feet of gross leasable… [Read More]
Summit Industrial Income REIT Announces January 2020 Cash Distribution
TORONTO, Jan. 15, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on February 14, 2020 to Unitholders of record on January 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT to Acquire Class A Single-Tenant GTA Property
TORONTO, Jan. 13, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A light industrial property totaling 51,490 square feet, including 11,654 square feet of finished office space, located in Oakville, Ontario in the Greater Toronto Area (“GTA”)…. [Read More]
Summit Industrial Income REIT Announces December 2019 Cash Distribution
TORONTO, Dec. 13, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on January 15, 2020 to Unitholders of record on December 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
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