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Summit Industrial Income REIT Announces September 2016 Cash Distribution

September 15, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Sept. 15, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on October 14, 2016 to Unitholders of record on September 30, 2016. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to… [Read More]

Summit Industrial Income REIT Announces London, Ontario Acquisition and Accretive Financing for Calgary, Alberta Property Purchase

August 29, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 29, 2016 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement to acquire a 210,727 square foot light industrial property in London, Ontario for a purchase price of approximately $16.6 million, generating a capitalization rate of approximately 7.7%. The property is occupied… [Read More]

Summit Industrial Income REIT Announces August 2016 Cash Distribution

August 15, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 15, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on September 15, 2016 to Unitholders of record on August 31, 2016. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to… [Read More]

Summit Industrial Income REIT Announces Solid Growth in Second Quarter 2016 Results

August 9, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 9, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today its results for the three and six months ended June 30, 2016. 2016 Highlights: Acquired four properties totalling 383,439 sq. ft. for cost of $45.0 million at average cap rate of 6.7%. Entered into first value-add transaction… [Read More]

Summit Industrial Income REIT Announces July 2016 Cash Distribution

July 15, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, July 15, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on August 15, 2016 to Unitholders of record on July 31, 2016. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to have… [Read More]

Summit Industrial Income REIT Announces Timing of Second Quarter 2016 Results & Conference Call

July 12, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, July 12, 2016 /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, 2016 on the afternoon of Tuesday, August 9, 2016. A conference call hosted by Summit II’s management team will be… [Read More]

Summit Industrial Income REIT Announces Property Acquisitions

July 5, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, July 5, 2016 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement to acquire a 141,628 square foot light industrial property in Calgary, Alberta for a purchase price of approximately $12.675 million, generating a capitalization rate of approximately 7.35%. Located in the Foothills… [Read More]

Summit Industrial Income REIT Increases Presence in Montreal Industrial Market

June 23, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, June 23, 2016 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it is acquiring a 50% interest in a 56,208 square foot light industrial property in the Greater Montreal Region. The property, built in 2000, includes a highly marketable 31 foot clear ceiling height, and was acquired… [Read More]

Summit Industrial Income REIT Announces Completion of $34.2 Million Equity Offering

June 17, 2016 By NewsWire Tagged With: TSX:SMU.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 17, 2016 /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 5,650,000 units at a price of $6.05 per unit for total gross… [Read More]

Summit Industrial Income REIT Announces June 2016 Cash Distribution

June 15, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, June 15, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on July 15, 2016 to Unitholders of record on June 30, 2016. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to… [Read More]

Summit Industrial Income REIT Announces Property Acquisition and $30 Million Equity Offering

May 30, 2016 By Globenewswire Tagged With: TSX:SMU.UN

TORONTO, ONTARIO–(Marketwired – May 30, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX:SMU.UN) announced today it will be acquiring 100% of a 309,077 square foot light industrial property in Edmonton, Alberta (the “Edmonton Property”) for a purchase… [Read More]

Summit Industrial Income REIT Announces May 2016 Cash Distribution

May 13, 2016 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, May 13, 2016 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on June 15, 2016 to Unitholders of record on May 31, 2016. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect to… [Read More]

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