TORONTO, Sept. 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on October 14, 2022, to Unitholders of record on September 30, 2022. About Summit Industrial Income REIT Summit Industrial Income REIT is an unincorporated open-ended trust focused… [Read More]
Summit Industrial Income REIT Upgraded by DBRS to BBB with a Positive Trend
TORONTO, Sept. 14, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that DBRS Morningstar (“DBRS”) has upgraded its Issuer Rating and Senior Unsecured Debentures rating to BBB from BBB (low) and maintained the Positive trends. “We are extremely pleased to receive an upgrade at this time, reflecting our… [Read More]
Summit Industrial Income REIT Announces August 2022 Cash Distribution
TORONTO, Aug. 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on September 15, 2022, to Unitholders of record on August 31, 2022. About Summit Industrial Income REIT Summit Industrial Income REIT is an unincorporated open-ended trust focused on… [Read More]
Summit Industrial Income REIT Announces Appointment of New Trustees
TORONTO, Aug. 11, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) is pleased to announce the appointment of Mr. Scott Frederiksen and Mr. Glenn Hynes to its Board of Trustees effective August 15, 2022. Mr. Frederiksen is the former Chief Executive Officer and Trustee of WPT REIT, a publicly traded… [Read More]
Summit Industrial Income REIT Announces July 2022 Cash Distribution
TORONTO, July 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on August 15, 2022, to Unitholders of record on July 29, 2022. About Summit Industrial Income REIT Summit Industrial Income REIT is an unincorporated open-ended trust focused on… [Read More]
Summit Industrial Income REIT Announces Timing of Second Quarter 2022 Results and Conference Call
TORONTO, July 5, 2022 /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, 2022, on the afternoon of Tuesday, August 9, 2022. A conference call hosted by Summit II’s management team will be held… [Read More]
Summit Industrial Income REIT Acquires Brand New Industrial Property in Guelph, Ontario
TORONTO, July 4, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed the acquisition of the remaining 50% ownership interest in a recently constructed light industrial property in the Hanlon Creek Business Park in Guelph, Ontario totaling 92,050 square feet of leasable area from its… [Read More]
Summit Industrial Income REIT Announces Suspension of Distribution Reinvestment Plan
TORONTO, June 24, 2022 /CNW/ – Summit Industrial Income REIT (“Summit“) (TSX: SMU.UN) announced today the suspension of its distribution reinvestment plan (the “DRIP“). Commencing with the July monthly distribution, and for all future distributions until further notice, unitholders who elected to participate in the DRIP will receive the full amount of any declared distributions… [Read More]
Summit Industrial Income REIT Announces June 2022 Cash Distribution
TORONTO, June 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on July 15, 2022, to Unitholders of record on June 30, 2022. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]
Summit Industrial Income REIT to Acquire Class A GTA Property Portfolio
TORONTO, June 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 174,790 square foot Class A property portfolio, well-located in the GTA sub-market of Mississauga, Ontario. Summit will pay $59.3 million for the portfolio, below replacement cost, generating an… [Read More]
Summit Industrial Income REIT Announces May 2022 Cash Distribution
TORONTO, May 13, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on June 15, 2022, to Unitholders of record on May 31, 2022. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]
Summit Industrial Income REIT Announces Results of Voting at Annual Unitholders’ Meeting and Board of Trustee Changes
TORONTO, May 11, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today announced the results of the votes held at its May 11, 2022 annual unitholders’ meeting (the “Meeting”). Each of the five nominee Trustees listed in the REIT’s Management Information Circular dated March 15, 2022 was elected as a… [Read More]
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