TORONTO, May 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 June 14, 2019 to Unitholders of record on May 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 April 2019 Cash Distribution
TORONTO, April 15, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on May 15, 2019 to Unitholders of record on April 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 Timing of First Quarter 2019 Results & Conference Call and 2018 Annual Unitholders’ Meeting
TORONTO, April 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 months ended March 31, 2019 on the afternoon of Tuesday, May 7, 2019. A conference call hosted by Summit II’s management team will be held on… [Read More]
Summit Industrial Income REIT Announces Proposed Internalization of Asset and Property Management
TORONTO, March 25, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has entered into an agreement (the “Purchase Agreement“), to internalize the REIT’s asset and property management functions (the “Internalization“). As a result of the Internalization, the annual asset management fee, property management fee, acquisition fee,… [Read More]
Summit Industrial Income REIT Announces March 2019 Cash Distribution
TORONTO, March 15, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on April 15, 2019 to Unitholders of record on March 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 Another Record Year in 2018
TORONTO, Feb. 20, 2019 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three months and year ended December 31, 2018. 2018 Highlights: Acquired 24 properties totalling 4.8 million sq. ft. for $578.3 million at overall cap rate1… [Read More]
Summit Industrial Income REIT Announces February 2019 Cash Distribution
TORONTO, Feb. 15, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on March 15, 2019 to Unitholders of record on February 28, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Provides Financing Update
TORONTO, Feb. 5, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has replaced previously-arranged bridge loans used to complete recent acquisitions with permanent long-term fixed rate mortgage financing. A $91 million twelve-month bridge loan arranged to complete the acquisition of a Montreal property portfolio in December… [Read More]
Summit Industrial Income REIT to Acquire Montreal Logistics Property
TORONTO, Feb. 5, 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 236,134 square foot single tenant logistics facility located in Montreal, Quebec. The property is situated on a 16.5-acre site in a prime location with excellent exposure to… [Read More]
Summit Industrial Income REIT Announces January 2019 Cash Distribution
TORONTO, Jan. 15, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on February 15, 2019 to Unitholders of record on January 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 Fourth Quarter & Year End 2018 Results & Conference Call
TORONTO, Jan. 9, 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, 2018 on the afternoon of Wednesday, February 20, 2019. A conference call hosted by Summit II’s management team will be held… [Read More]
Summit Industrial Income REIT Announces December 2018 Cash Distribution
TORONTO, Dec. 14, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on January 15, 2019 to Unitholders of record on December 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the… [Read More]
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