THIS PRESS RELEASE CONSTITUTES A “DESIGNATED NEWS RELEASE” FOR THE PURPOSES OF SUMMIT INDUSTRIAL INCOME REIT’S PROSPECTUS SUPPLEMENT DATED JUNE 21, 2021 TO ITS BASE SHELF PROSPECTUS DATED JUNE 21, 2021 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 31, 2022 /CNW/ – Summit Industrial Income REIT… [Read More]

TORONTO, March 24, 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 months ended March 31, 2022 on the afternoon of Tuesday, May 10, 2022. A conference call hosted by Summit II’s management team will be held on… [Read More]

TORONTO, March 22, 2022 /CNW/ –  Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced that it has waived conditions and will acquire a 76,423 square foot Class A single tenant property in the Greater Toronto Area. Summit will pay $25.2 million for the property, well below replacement cost and generating a going-in… [Read More]

TORONTO, March 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.047 per Unit cash distribution to be paid on April 15, 2022, to Unitholders of record on March 31, 2022.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

TORONTO, Feb. 23, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 226,000 square foot industrial building combined with a 150,000 square foot industrial expansion project in Pointe Claire, Quebec on the west side of Montreal. Summit will pay $95.6 million… [Read More]

TORONTO, Feb. 16, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced strong growth and record operating performance for the three months and year ended December 31, 2021. 2021 HIGHLIGHTS FINANCIAL: Revenue up 11.0% in Q4 and 13.7% in 2021 driven by portfolio growth, high stable occupancies and rent increases…. [Read More]

TORONTO, Feb. 15, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.047 per Unit cash distribution to be paid on March 15, 2022, to Unitholders of record on February 28, 2022.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

TORONTO, Feb. 7, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has acquired a 50% interest through a joint venture development partnership in a 19.5 acre development site located in the Grand River West Business Park in Kitchener, Ontario. Summit paid approximately $5.5 million for its… [Read More]

TORONTO, Jan. 19, 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 months and year ended December 31, 2021, on the afternoon of Wednesday, February 16, 2022. A conference call hosted by Summit II’s management team will be held… [Read More]

TORONTO, Jan. 18, 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 of two recently constructed properties in the Hanlon Creek Business Park in Guelph, Ontario totaling 441,921 square feet of leasable area from Cooper Construction Limited (“Cooper”)…. [Read More]

TORONTO, Jan. 14, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.047 per Unit cash distribution to be paid on February 15, 2022, to Unitholders of record on January 31, 2022.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

TORONTO, Dec. 22, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 12-acre parcel of development-ready land well-located at the intersection of Appleby Line and Highway 407 in the Greater Toronto Area (“GTA”). The land site has the potential to develop… [Read More]