TORONTO, Dec. 11, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire the previously-announced portfolio of light industrial properties in the Greater Toronto Area (“GTA”), Ottawa and Montreal totaling 2.1 million square feet of gross leasable area, and another portfolio of… [Read More]
Summit Industrial Income REIT Announces Completion of $140 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 10, 2018 /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 15,055,000 units at a price of $9.30 per unit for total gross… [Read More]
Summit Industrial Income REIT Announces November 2018 Cash Distribution
TORONTO, Nov. 15, 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 December 14, 2018 to Unitholders of record on November 30, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces Continued Strong Growth in Third Quarter 2018
TORONTO, Nov. 6, 2018 /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 and nine months ended September 30, 2018. Nine Month Highlights: Completed successful $115.0 million bought-deal equity offering on June 15, 2018. Obtained $189.7 million in… [Read More]
Summit Industrial Income REIT Announces October 2018 Cash Distribution
TORONTO, Oct. 15, 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 November 15, 2018 to Unitholders of record on October 31, 2018. 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 Third Quarter 2018 Results & Conference Call
TORONTO, Oct. 11, 2018 /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, 2018 on the afternoon of Tuesday, November 6, 2018. A conference call hosted by Summit II’s management team will be held… [Read More]
Summit Industrial Income REIT to Acquire GTA Logistics Property
TORONTO, Sept. 27, 2018 /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 262,610 square foot single tenant Class A logistics facility located in Mississauga, Ontario. The building has 24-foot clear celling height and large bay sizes with 21 truck-level… [Read More]
Summit Industrial Income REIT Provides Leasing Update
2018 Lease Renewals Complete with Strong 92.5% Retention Rate, Occupancy Rising to 99.3% TORONTO, Sept. 27, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) provided an update on its leasing activities to date. As of today, all 2018 lease renewals totaling 398,492 square feet have now been completed with a… [Read More]
Summit Industrial Income REIT to Expand Presence in High Yield Data Centre Market
TORONTO, Sept. 17, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it is extending a $16.0 million mezzanine loan to its partner Urbacon Montreal Limited Partnership (“Urbacon”) to develop a new planned 95,000 square foot data centre property (“DC2”) on land owned by Urbacon directly adjacent to… [Read More]
Summit Industrial Income REIT Announces September 2018 Cash Distribution
TORONTO, Sept. 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 October 15, 2018 to Unitholders of record on September 30, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
Summit Industrial Income REIT Announces August 2018 Cash Distribution
TORONTO, Aug. 15, 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 September 14, 2018 to Unitholders of record on August 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the… [Read More]
Summit Industrial Income REIT Announces Continued Strong Growth in Second Quarter 2018
TORONTO, Aug. 8, 2018 /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 and six months ended June 30, 2018. Six Month Highlights: Completed successful $115.0 million bought-deal equity offering on June 15, 2018. Acquired five income-producing… [Read More]
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