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Summit Industrial Income REIT Announces September 2019 Cash Distribution

September 13, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Sept. 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 October 15, 2019 to Unitholders of record on September 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]

Summit Industrial Income REIT Sells Interests in Data Centre Projects

September 11, 2019 By NewsWire Tagged With: TSX:SMU.UN

Generates Significant Realized Gain of $0.35 per Unit Results in Special Distribution of $0.07 per Unit Redeploying Capital into Core Light Industrial Developments & Acquisitions TORONTO, Sept. 11, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has sold its interests in its data centres in the Greater Toronto… [Read More]

Summit Industrial Income REIT Expands Presence in Calgary Airport Logistics Park

September 9, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Sept. 9, 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 Class A light industrial property totaling 121,456 square feet located in the YYC Logistics Centre, an industrial park under development adjacent to the Calgary International… [Read More]

Summit Industrial Income REIT Announces August 2019 Cash Distribution

August 15, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 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 September 13, 2019 to Unitholders of record on August 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the… [Read More]

Summit Industrial Income REIT Announces Strong Performance in Second Quarter 2019

August 7, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 7, 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 six months ended June 30, 2019. Six Months 2019 Highlights: Revenues up 60.5% on portfolio growth, high stable occupancies and rent increases. Industrial occupancy strong at 99.5%… [Read More]

Summit Industrial Income REIT Announces July 2019 Cash Distribution

July 15, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, July 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 August 15, 2019 to Unitholders of record on July 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the… [Read More]

Summit Industrial Income REIT Announces Timing of Second Quarter 2019 Results & Conference Call

July 2, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, July 2, 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 six months ended June 30, 2019 on the afternoon of Wednesday, August 7, 2019. A conference call hosted by Summit II’s management team will be… [Read More]

Summit Industrial Income REIT Announces June 2019 Cash Distribution

June 14, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, June 14, 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 July 15, 2019 to Unitholders of record on June 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the… [Read More]

Summit Industrial Income REIT Announces Completion of $149.5 Million Equity Offering

June 12, 2019 By NewsWire Tagged With: TSX:SMU.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, June 12, 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 11,960,000 units at a price of $12.50 per unit for total gross proceeds… [Read More]

Summit Industrial Income REIT– Announces C$130 Million Bought Deal Financing

June 3, 2019 By Globenewswire Tagged With: CA8661201167, TSX:SMU.UN

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 03, 2019 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters“) to… [Read More]

Summit Industrial Income REIT Files Final Base Shelf Prospectus

May 29, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, May 29, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on May 28, 2019 for… [Read More]

Summit Industrial Income REIT Announces Completion of Internalization of Asset and Property Management

May 17, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, May 17, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has completed the previously announced internalization of the REIT’s asset and property management functions (the “Internalization“). With the closing of the Internalization, a subsidiary of the REIT has acquired the REIT’s external manager for total consideration… [Read More]

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