TORONTO, July 26, 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 369,500 square foot single tenant logistics facility located in Oshawa, Ontario. The building, constructed in 2007, has 28-foot clear celling height, excellent rail and highway transportation… [Read More]
Summit Industrial Income REIT Announces July 2018 Cash Distribution
TORONTO, July 13, 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 August 15, 2018 to Unitholders of record on July 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 Second Quarter 2018 Results & Conference Call
TORONTO, July 4, 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 six months ended June 30, 2018 on the afternoon of Wednesday, August 8, 2018. A conference call hosted by Summit II’s management team will be… [Read More]
Summit Industrial Income REIT Signs Significant New Data Centre Lease
TORONTO, June 19, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that the tenant at its Data Centre One (“DC1”) has exercised its option to expand into the remaining 60,000 square feet of the 120,000 square foot building on the same terms and conditions under its existing lease. Summit… [Read More]
Summit Industrial Income REIT Announces June 2018 Cash Distribution
TORONTO, June 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 July 13, 2018 to Unitholders of record on June 30, 2018. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to… [Read More]
Summit Industrial Income REIT Announces Completion of $115 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 15, 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 13,299,750 units at a price of $8.65 per unit for… [Read More]
Summit Industrial Income REIT to Acquire GTA Cold Storage Facility with Development Potential
TORONTO, May 17, 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 187,245 square foot single tenant cold storage facility located in Mississauga, Ontario (the “Transaction”). The property is leased to a national logistics company under a long-term lease… [Read More]
Summit Industrial Income REIT Announces May 2018 Cash Distribution
TORONTO, May 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 June 15, 2018 to Unitholders of record on May 31, 2018. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect… [Read More]
Summit Industrial Income REIT Announces Results of Voting for Trustees at Annual Meeting of Unitholders
TORONTO, May 9, 2018 /CNW/ – Summit Industrial Income REIT (the “REIT“) (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 9, 2018 annual unitholders’ meeting. Each of the nominee trustees listed in the REIT’s management information circular dated March 31, 2018 was elected as a trustee of the REIT. The… [Read More]
Summit Industrial Income REIT Announces Significant Growth in First Quarter 2018 Results
TORONTO, May 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 months ended March 31, 2018. Highlights: Acquisitions, strong property performance drive significant growth in revenues, net operating income (“NOI”)1 and funds from operations (“FFO”)1…. [Read More]
Summit Industrial Income REIT Announces Sale of Four Properties and Special Distribution
TORONTO, May 8, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has agreed to sell a 75% interest in four properties, one located in each of Brockville, Ottawa and Mississauga, Ontario, and one in Laval, Quebec totaling 406,360 square feet, to a major Canadian institution for total… [Read More]
Summit Industrial Income REIT Announces April 2018 Cash Distribution
TORONTO, April 13, 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 May 15, 2018 to Unitholders of record on April 30, 2018. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to… [Read More]
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