TORONTO, April 15, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on May 15, 2015 to Unitholders of record on April 30, 2015. 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 First Quarter 2015 Results and Conference Call and Annual Unitholders’ Meeting
TORONTO, April 13, 2015 /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, 2015 on the afternoon of Tuesday, May 12, 2015. A conference call hosted by Summit II’s management team will be held on Wednesday,… [Read More]
Summit Industrial Income REIT Announces March 2015 Cash Distribution
TORONTO, March 13, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on April 15, 2015 to Unitholders of record on March 31, 2015. 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 Strong Growth and Operating Performance in 2014
TORONTO, Feb. 25, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the year ended December 31, 2014. 2014 Highlights: Acquired five properties totaling 593,239 sq. ft. of GLA for $47.5 million at an average cap rate of 6.66%. Completed $29.6 million… [Read More]
Summit Industrial Income REIT Completes Acquisition of Interest in Montreal Portfolio and Secures Attractive Financing
TORONTO, Feb. 19, 2015 Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its previously-announced acquisition of a 50% interest in a portfolio of six light industrial properties in Montreal, adding 326,409 square feet to its portfolio for a purchase price of approximately $39.4 million. The acquisition was… [Read More]
Summit Industrial Income REIT Announces February 2015 Cash Distribution
TORONTO, Feb. 13, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II”) (TSX: SMU.UN) announced today a $0.042 per Unit cash distribution to be paid on March 13, 2015 to Unitholders of record on February 27, 2015. 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 to Acquire Four Greater Toronto Area Industrial Properties
TORONTO, Jan. 26, 2015 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its customary due diligence and waived certain conditions to acquire the previously-announced portfolio of four single-tenant properties located in the Greater Toronto Area (GTA) totaling 339,404 square feet of Gross Leasable Area (GLA) for… [Read More]
Summit Industrial Income REIT Announces Completion of $30.0 Million Equity Offering
TORONTO, ONTARIO–(Marketwired – Jan. 7, 2015) – 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 that it has completed its previously-announced public offering (the “Offering”) of 5,130,000 units at a price of $5.85 per unit for total… [Read More]
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