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Summit Industrial Income REIT Acquires Two Brand New Industrial Properties in Guelph, Ontario

January 18, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Announces January 2022 Cash Distribution

January 14, 2022 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Continues to Grow GTA Development Pipeline

December 22, 2021 By NewsWire Tagged With: TSX:SMU.UN

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]

Summit Industrial Income REIT Announces December 2021 Cash Distribution

December 15, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Dec. 15, 2021 /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 January 14, 2022, to Unitholders of record on December 31, 2021.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

Summit Industrial Income REIT Reports Strong Performance in Third Quarter 2021

November 8, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Nov. 8, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced solid growth and strong operating performance for the three and nine months ended September 30, 2021. 2021 HIGHLIGHTS: FINANCIAL: Revenue up 12.4% in Q3 and 14.6% year-to-date (“YTD”) driven by portfolio growth, high stable occupancies and rent increases. Net… [Read More]

Summit Industrial Income REIT Announces October 2021 Cash Distribution

October 15, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Oct. 15, 2021 /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 November 15, 2021, to Unitholders of record on October 31, 2021.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

Summit Industrial Income REIT Announces Timing of Third Quarter 2021 Results and Conference Call

October 5, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Oct. 5, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it will be issuing its results for the three and nine months ended September 30, 2021 on the afternoon of Monday, November 8, 2021. A conference call hosted by Summit’s management team will be held on… [Read More]

Summit Industrial Income REIT Announces Market Leading $75 Million Green Unsecured Development Credit Facility

September 27, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Sept. 27, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered in to a new $75 million green unsecured development credit facility (the “Green Development Line”) with a 3-year term, to finance current and future industrial property developments.  The total credit facility size including the… [Read More]

Summit Industrial Income REIT Announces Completion of $126.7 Million Equity Offering

September 22, 2021 By NewsWire Tagged With: TSX:SMU.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ 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 TORONTO, Sept. 22, 2021 /CNW/ – Summit Industrial Income REIT… [Read More]

Summit Industrial Income REIT Announces September 2021 Cash Distribution

September 15, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Sept. 15, 2021 /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 October 15, 2021, to Unitholders of record on September 30, 2021.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

Summit Industrial Income REIT Announces August 2021 Cash Distribution

August 13, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 13, 2021 /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 September 15, 2021, to Unitholders of record on August 31, 2021.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2021

August 10, 2021 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 10, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced continued solid growth and strong operating performance for the three and six months ended June 30, 2021. 2021 HIGHLIGHTS: Acquired three properties totalling 1.1 million sq. ft. and 12.7-acre development site. Sold six non-core properties totalling 0.3 million… [Read More]

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