TORONTO, Dec. 13, 2019 /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 held… [Read More]
Summit Industrial Income REIT Expands Presence in Target GTA Market
TORONTO, Dec. 12, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 184,561 square foot single tenant light industrial property located in Markham, Ontario. The property is situated on a 11.7-acre site with low 36% site coverage, providing the… [Read More]
Summit Industrial Income REIT Announces November 2019 Cash Distribution
TORONTO, Nov. 15, 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 December 13, 2019 to Unitholders of record on November 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces Strong Performance Through First Nine Months of 2019
TORONTO, Nov. 13, 2019 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today very strong operating and financial performance for the three and nine months ended September 30, 2019. Nine Months 2019 Highlights: Revenues up 54.5% on portfolio growth, high stable occupancies and rent increases. Industrial occupancy strong at… [Read More]
Summit Industrial Income REIT Announces Closing of Acquisition of 37 Property Portfolio for $588 Million and Conversion of Subscription Receipts
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 1, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce the closing of its previously announced acquisition of an institutional quality portfolio of 37 light industrial properties in Alberta totaling over… [Read More]
Summit Industrial Income REIT Expands Presence in Strong Greater Toronto Area
TORONTO, Oct. 31, 2019 /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 128,235 square feet located in Vaughan, Ontario in the Greater Toronto Area. Summit will pay $25.5 million for the property,… [Read More]
Summit Industrial Income REIT Announces Completion of $230 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 17, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has completed its previously announced public offering (the “Offering“) of 17,836,500 subscription receipts (the “Subscription Receipts“) at a price of… [Read More]
Summit Industrial Income REIT Announces October 2019 Cash Distribution
TORONTO, Oct. 15, 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 November 15, 2019 to Unitholders of record on October 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces Acquisition of Alberta Light Industrial Portfolio for $588 Million and C$200 Million Offering of Subscription Receipts
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 07, 2019 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has entered into a binding Purchase and Sale Agreement to acquire 100% of an institutional quality portfolio of 37… [Read More]
Summit Industrial Income REIT Announces Timing of Third 2019 Results & Conference Call
TORONTO, Sept. 26, 2019 /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 and nine months ended September 30, 2019 on the afternoon of Wednesday, November 13, 2019. A conference call hosted by Summit II’s management team will be held… [Read More]
Summit Industrial Income REIT Included in TSX30 – One of the Top Thirty Performing Issuers Over Last Three Years
TORONTO, Sept. 26, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) was pleased to announce today that it has been included in the recently announced TSX30, a new flagship program ranking the thirty top-performing issuers on the Toronto Stock Exchange over the three year period from June 2016 to July… [Read More]
Summit Industrial Income REIT to Acquire Two Properties and Interest in Development Land
TORONTO, Sept. 16, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a brand new single tenant light industrial property and 100% of a second recently constructed multi-tenant light industrial property totaling 431,930 square feet in a newly-created industrial park with frontage on The Hanlon Expressway near Highway 401 in Guelph, Ontario. Summit will pay $57.0 million in cash for the two properties, funded by… [Read More]
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