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Summit Industrial Income REIT (T:SMU.UN)

Business Focus: N/A

Sep 15, 2021 05:33 pm ET
Summit Industrial Income REIT Announces September 2021 Cash Distribution
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.  
Sep 15, 2021 04:29 pm ET
Summit Industrial Income REIT Announces $126 Million Logistics Centre Acquisition and $110 Million Bought Deal Equity Offering
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement to purchase two newly-constructed Class A logistics centres totaling 725,000 square feet of gross leasable area (the...
Aug 13, 2021 05:30 pm ET
Summit Industrial Income REIT Announces August 2021 Cash Distribution
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.  
Aug 10, 2021 05:35 pm ET
Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2021
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.
Jul 15, 2021 05:30 pm ET
Summit Industrial Income REIT Announces July 2021 Cash Distribution
TORONTO, July 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 August 13, 2021, to Unitholders of record on July 31, 2021.  
Jul 14, 2021 08:49 am ET
Summit Industrial Income REIT Announces Completion of $225 Million Unsecured Debentures Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jul 12, 2021 02:25 pm ET
Summit Industrial Income REIT Announces $225 Million Unsecured Debentures Offering
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
Jul 06, 2021 09:46 am ET
Summit Industrial Income REIT Announces Timing of Second Quarter 2021 Results and Conference Call
TORONTO, July 6, 2021 /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, 2021 on the afternoon of Tuesday, August 10, 2021. A conference call hosted by Summit II's management team will be held on Wednesday, August 11 at 10.30 am EST.
Jun 21, 2021 09:59 pm ET
Summit Industrial Income REIT Announces Establishment of $200 Million At-The-Market Equity Program And Other Updates
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jun 21, 2021 09:30 am ET
Summit Industrial Income REIT Extends $300 Million Unsecured Credit Facility
TORONTO, June 21, 2021 /CNW/ - Summit Industrial Income Real Estate Investment Trust ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has extended the maturity date of its $300 million senior unsecured revolving credit facility (the "Credit Facility") for a new 3-year term to March 23, 2024.  The Credit Facility has been arranged by a syndicate of five banks with BMO Capital Markets and National Bank of Canada as Co-lead Arrangers and Joint Bookrunners.
Jun 15, 2021 05:37 pm ET
Summit Industrial Income REIT Announces June 2021 Cash Distribution
TORONTO, June 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 July 15, 2021, to Unitholders of record on June 30, 2021.  
May 14, 2021 05:30 pm ET
Summit Industrial Income REIT Announces May 2021 Cash Distribution
TORONTO, May 14, 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 June 15, 2021 to Unitholders of record on May 31, 2021.  
May 12, 2021 05:30 pm ET
Summit Industrial Income REIT Announces Results of Voting at Annual Unitholders' Meeting and Board of Trustee Changes
TORONTO, May 12, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today announced the results of the votes held at its May 12, 2021 annual unitholders' meeting (the "Meeting").
May 11, 2021 05:05 pm ET
May 10, 2021 05:30 pm ET
Summit Industrial Income REIT Continues to Expand Development Pipeline in the GTA
TORONTO, May 10, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it continues to expand its pipeline of development projects in the Greater Toronto Area ("GTA") with the acquisition of interests in four development sites totaling close to 50 acres with the potential to add almost 1 million square feet of new gross leasable area ("GLA") to its portfolio.
Apr 15, 2021 05:30 pm ET
Summit Industrial Income REIT Announces April 2021 Cash Distribution
TORONTO, April 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on May 14, 2021 to Unitholders of record on April 30, 2021.
Apr 12, 2021 09:26 am ET
Summit Industrial Income REIT Announces Completion of $250 Million Green Bond Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Apr 07, 2021 01:23 pm ET
Summit Industrial Income REIT Announces $250 Million Green Bond Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Apr 05, 2021 10:00 am ET
Summit Industrial Income REIT Announces Green Financing Framework
TORONTO, April 5, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) is pleased to announce today its Green Financing Framework (the "Framework") in support of its commitment to corporate responsibility and environmental, social and governance ("ESG") matters.  Under the Framework, Summit or any of its subsidiaries may issue green financing instruments to finance or re-finance Eligible Green Initiatives, as defined in the Framework. 
Mar 31, 2021 05:30 pm ET
Summit Industrial Income REIT to Sell Three Ottawa Properties for $49.2 Million
TORONTO, March 31, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has agreed to sell three properties totaling 283,495 square feet located in Ottawa, Ontario. The sale price will be $49.2 million, above the December 31, 2020 IFRS value for the properties. The properties are free and clear of debt. The sale proceeds will be used to reduce the REIT's unsecured revolving credit facility and for future acquisitions. The properties were identified by the REIT for disposition as they were considered non-core assets and encompass approximat
Mar 29, 2021 02:53 pm ET
Summit Industrial Income REIT Announces Timing of First Quarter 2021 Results and Conference Call
TORONTO, March 29, 2021 /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, 2021 on the afternoon of Tuesday, May 11, 2021. A conference call hosted by Summit II's management team will be held on Wednesday, May 12, 2021 at 8.30 am EST.
Mar 26, 2021 10:59 am ET
Summit Industrial Income REIT Recognized by The Globe and Mail's 2021 Annual Women Lead Here Benchmark of Executive Gender Diversity
TORONTO, March 26, 2021 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) is pleased to announce that it has been recognized for its commitment to equity, diversity and inclusion by earning a spot on the Globe and Mail's 2021 Report on Business Women Lead Here list, an annual benchmark identifying best-in-class executive gender diversity in corporate Canada.
Mar 15, 2021 05:30 pm ET
Summit Industrial Income REIT Announces March 2021 Cash Distribution
TORONTO, March 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on April 15, 2021 to Unitholders of record on March 31, 2021.
Mar 15, 2021 07:00 am ET
Summit Industrial Income REIT to Acquire Prime Montreal Property for $183.3 Million
TORONTO, ON, March 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a modern 765,145 square foot logistics and office complex well-located in Saint-Laurent, Quebec, a suburb of the Greater Montreal Region. Minutes from Montreal-Trudeau Airport and with excellent access to major highway and railway transportation links, the property contains 534,111 square feet of next-generation logistics space and 231,034 square feet of Class A office space. The property is 100% occupied by two instit
Feb 17, 2021 04:30 pm ET
Summit Industrial Income REIT Reports Strong Growth & Record Results in 2020
TORONTO, Feb. 17, 2021 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced record operating and financial performance for the three months and year ended December 31, 2020.
Feb 15, 2021 04:30 pm ET
Summit Industrial Income REIT Announces February 2021 Cash Distribution
TORONTO, Feb. 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on March 15, 2021 to Unitholders of record on February 28, 2021.
Jan 18, 2021 04:30 pm ET
Summit Industrial Income REIT Announces Timing of Fourth Quarter & Year End 2020 Results and Conference Call
TORONTO, Jan. 18, 2021 /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, 2020 on the afternoon of Wednesday, February 17, 2021. A conference call hosted by Summit II's management team will be held on Thursday, February 18, 2021 at 8.30 am EST.
Jan 15, 2021 04:30 pm ET
Summit Industrial Income REIT Announces January 2021 Cash Distribution
TORONTO, Jan. 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on February 15, 2021 to Unitholders of record on January 31, 2021.
Dec 22, 2020 07:56 am ET
Summit Industrial Income REIT Announces Completion of $200 Million Offering of 1.82% Series B Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Dec 21, 2020 05:12 pm ET
Summit Industrial Income REIT Expands Presence in Strong GTA Market with $68 Million Acquisition
TORONTO, Dec. 21, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 100% interest in a 342,830 square foot single tenant warehousing and logistics facility in Ajax, Ontario, a key industrial market in the Greater Toronto Area (GTA), for $68.0 million. The purchase price is well below replacement cost and will be satisfied with cash from proceeds of the REIT's recent unsecured debenture offering. The purchase price reflects an attractive going-in capitalization rate of approximately 4.3%. The prop
Dec 21, 2020 04:00 pm ET
Summit Industrial Income REIT Announces Appointment of the Honourable A. Anne McLellan to Board of Trustees
TORONTO, Dec. 21, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) is pleased to announce the appointment of the Honourable A. Anne McLellan to its Board of Trustees, effective January 1, 2021.
Dec 15, 2020 04:30 pm ET
Summit Industrial Income REIT Announces December 2020 Cash Distribution
TORONTO, Dec. 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on January 15, 2021 to Unitholders of record on December 31, 2020.
Dec 08, 2020 02:02 pm ET
Summit Industrial Income REIT Announces Pricing of $200 Million of 1.82% Series B Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Nov 17, 2020 07:48 am ET
Summit Industrial Income REIT Announces Completion of $195.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 13, 2020 04:30 pm ET
Summit Industrial Income REIT Announces November 2020 Cash Distribution
TORONTO, Nov. 13, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on December 15, 2020 to Unitholders of record on November 30, 2020.
Nov 10, 2020 04:29 pm ET
Summit Industrial Income REIT – Announces C$170 Million Bought Deal Financing
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the "Underwriters") to sell, on a bought deal...
Nov 09, 2020 04:05 pm ET
Summit Industrial Income REIT Reports Continued Strong Performance in Third Quarter 2020
TORONTO, Nov. 9, 2020 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced solid operating and financial performance for the three and nine months ended September 30, 2020.
Oct 20, 2020 05:30 pm ET
Summit Industrial Income REIT Provides an Update on Financing Activities
TORONTO, Oct. 20, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today has provided an update on its recent financing activities.
Oct 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces October 2020 Cash Distribution
TORONTO, Oct. 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on November 13, 2020 to Unitholders of record on October 31, 2020.
Oct 08, 2020 05:30 pm ET
Summit Industrial Income REIT to Acquire Remaining 50% interest in Montreal Industrial Portfolio
TORONTO, Oct. 8, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived all conditions and will acquire the remaining 50% ownership interest in a portfolio of eleven light industrial properties from its joint venture partner the Groupe Montoni ("Montoni"). The purchase price of $88.0 million for the remaining 50% interest will be financed by the assumption of approximately $31.8 million of mortgage debt bearing an average interest rate of 3.38% and with an average term to maturity of 4.6 years, and cash from the REIT's unsecured r
Oct 02, 2020 05:30 pm ET
Summit Industrial Income REIT Announces Timing of Third Quarter 2020 Results and Conference Call
TORONTO, Oct. 2, 2020 /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 nine months ended September 30, 2020 on the afternoon of Monday, November 9, 2020. A conference call hosted by Summit II's management team will be held on Tuesday, November 10, 2020 at 8.30 am EST.
Sep 30, 2020 05:30 pm ET
Summit Industrial Income REIT Reports Continuation of Strong Rent Collection
TORONTO, Sept. 30, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its rent collection for the month of September 2020. The REIT continues to closely monitor developments related to the COVID-19 pandemic and is following all guidelines provided by the federal and provincial governments.
Sep 28, 2020 05:30 pm ET
Summit Industrial Income REIT Continues to Expand Presence in Strong GTA Market
TORONTO, Sept. 28, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived all closing conditions and will acquire 100% of a 244,633 square foot Class A single tenant warehousing and logistics facility in Vaughan, Ontario, a prime new industrial property node in the Greater Toronto Area ("GTA"). Summit will pay $47.3 million for the property, well below replacement cost, financed by cash from the REIT's unsecured revolving credit facility and generating a going-in capitalization rate of approximately 4.5%. Closing is anticipa
Sep 17, 2020 09:29 am ET
Summit Industrial Income REIT Announces Completion of $250 Million Offering of 2.15% Series A Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Sep 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces September 2020 Cash Distribution
TORONTO, Sept. 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on October 15, 2020 to Unitholders of record on September 30, 2020.
Sep 14, 2020 03:41 pm ET
Summit Industrial Income REIT Announces Pricing of $250 Million of 2.15% Series A Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Sep 09, 2020 10:09 am ET
Summit Industrial Income Real Estate Investment Trust announces the appointment of Dayna Gibbs as Chief Operating Officer
TORONTO, Sept. 9, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) is pleased to announce the appointment of Ms. Dayna Gibbs (née Markwart) as Chief Operating Officer of the REIT effective today.
Sep 08, 2020 05:30 pm ET
Summit Industrial Income REIT Assigned a DBRS BBB Low Provisional Rating
TORONTO, Sept. 8, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has been assigned a Dominion Bond Rating Service ("DBRS") Provisional Issuer Rating of BBB (low).  This is the first time Summit has been rated by DBRS.
Aug 31, 2020 05:30 pm ET
Summit Industrial Income REIT Reports Continuing Strong Rent Collection
TORONTO, Aug. 31, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its rent collections for the month of August 2020. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal and provincial governments.
Aug 27, 2020 08:39 am ET
Summit Industrial Income REIT Announces Completion of $172.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Aug 20, 2020 04:31 pm ET
Summit Industrial Income REIT– Announces C$150 Million Bought Deal Financing
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the "Underwriters") to sell, on a bought deal...
Aug 14, 2020 05:30 pm ET
Summit Industrial Income REIT Announces August 2020 Cash Distribution
TORONTO, Aug. 14, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on September 15, 2020 to Unitholders of record on August 31, 2020.
Aug 11, 2020 05:15 pm ET
Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2020
TORONTO, Aug. 11, 2020 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced solid operating and financial performance for the three and six months ended June 30, 2020.
Jul 29, 2020 05:30 pm ET
Summit Industrial Income REIT Reports Improved Collection of July 2020 Rents
TORONTO, July 29, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its rent collections for the month of July 2020. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal and provincial governments.
Jul 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces July 2020 Cash Distribution
TORONTO, July 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on August 14, 2020 to Unitholders of record on July 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Jun 30, 2020 05:30 pm ET
Summit Industrial Income REIT Provides Update on June 2020 Rent Collections & New Financing
TORONTO, June 30, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its rent collections for the month of June 2020. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal and provincial governments.
Jun 25, 2020 05:05 pm ET
Summit Industrial Income REIT Announces Timing of Second Quarter 2020 Results and Conference Call
TORONTO, June 25, 2020 /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, 2020 on the afternoon of Tuesday, August 11, 2020. A conference call hosted by Summit II's management team will be held on Wednesday, August 12, 2020 at 8.30 am EST.
Jun 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces June 2020 Cash Distribution
TORONTO, June 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on July 15, 2020 to Unitholders of record on June 30, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Jun 01, 2020 05:30 pm ET
Summit Industrial Income REIT Provides Update on May 2020 Rent Collections
TORONTO, June 1, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its rent collections for the month of May 2020. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal and provincial governments.
May 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces May 2020 Cash Distribution
TORONTO, May 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on June 15, 2020 to Unitholders of record on May 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
May 13, 2020 09:29 pm ET
Summit Industrial Income REIT Announces Results of Voting at Annual Meeting of Unitholders
TORONTO, May 13, 2020 /CNW/ - Summit Industrial Income REIT (the "REIT") (TSX: SMU.UN) is pleased to announce the results of the vote on trustees at its May 13, 2020 annual unitholders' meeting (the "Meeting"). Each of the nominee trustees listed in the REIT's management information circular dated March 31, 2020 was elected as a trustee of the REIT. The REIT received proxies with regard to voting on the seven trustees nominated for election, directing as set forth in the table below:
May 12, 2020 05:30 pm ET
Summit Industrial Income REIT Reports Solid Performance in First Quarter 2020
Steps Taken to Mitigate Impact of COVID-19 Pandemic
May 11, 2020 07:30 am ET
Summit Industrial Income REIT Announces Sale of interest in GTA Data Centre
TORONTO, May 11, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today it has sold its interest in its data centre in the Greater Toronto Area. The outstanding mezzanine loan related to the project, including accrued interest, was repaid on the closing of the transaction. The transaction will generate a realized gain of approximately $21.0 million or $0.15 per Unit, with the proceeds of the gain received in stages over the ensuing eighteen months.
Apr 16, 2020 05:30 pm ET
Summit Industrial Income REIT Provides Update on Impact of COVID-19 Pandemic
TORONTO, April 16, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today provided an update on its key operating and finance metrics as impacted by the COVID-19 pandemic, and the steps being taken to mitigate risks to its business. The REIT continues to closely monitor developments related to the pandemic and is following all guidelines issued by the federal government and provincial governments where it operates.
Apr 16, 2020 05:00 pm ET
Summit Industrial Income REIT announces COVID-19 precautionary measures for its upcoming Annual Unitholders' Meeting
TORONTO, April 16, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that its upcoming Annual General Meeting of unitholders (the "Meeting") to take place on May 13, 2020 at 10:30 am Eastern Time, will be held at the office of the REIT at 137 Venture Run, Suite 105, Dartmouth, Nova Scotia, and will be available via live webinar.
Apr 15, 2020 05:30 pm ET
Summit Industrial Income REIT Announces April 2020 Cash Distribution
TORONTO, April 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on May 15, 2020 to Unitholders of record on April 30, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Apr 07, 2020 04:57 pm ET
Summit Industrial Income REIT Announces Timing of First Quarter 2020 Results and Conference Call
TORONTO, April 7, 2020 /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, 2020 on the afternoon of Tuesday, May 12, 2020. A conference call hosted by Summit II's management team will be held on Wednesday, May 13, 2020 at 8.30 am EST.
Mar 23, 2020 03:20 pm ET
Summit Industrial Income REIT Signs New Unsecured Credit Facility
TORONTO, March 23, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has arranged and closed on a new $300 million unsecured revolving credit facility maturing on March 23, 2023 bearing an interest rate based on banker's acceptance plus 170 basis points (bps) or bank prime plus 70 bps. The new facility replaces the current $150 million secured revolving credit facility. The new unsecured facility has been arranged through a syndicate of four banks with the BMO Capital Markets and National Bank of Canada as Co-lead Arrangers and Joint Bo
Mar 13, 2020 05:35 pm ET
Summit Industrial Income REIT Announces March 2020 Cash Distribution
TORONTO, March 13, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on April 15, 2020 to Unitholders of record on March 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Mar 03, 2020 04:14 pm ET
Summit Industrial Income REIT to Acquire LEED- Certified Distribution Facility in GTA
TORONTO, March 3, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A temperature-controlled single tenant distribution facility in Guelph, Ontario. The 282,133 square foot building is LEED Gold Certified and is the main distribution facility for Central and Eastern Canada for one of the country's largest food producers. It is located just north of Highway 401, close to other Summit-owned properties. The tenant is currently in the seventh of a fifteen-year lease with 6% rent escalat
Feb 19, 2020 04:01 pm ET
Summit Industrial Income REIT Reports Record Growth and Operating Performance in 2019
TORONTO, Feb. 19, 2020 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today record operating and financial performance for the three months and year ended December 31, 2019.
Feb 14, 2020 04:35 pm ET
Summit Industrial Income REIT Announces February 2020 Cash Distribution
TORONTO, Feb. 14, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on March 13, 2020 to Unitholders of record on February 29, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Feb 03, 2020 10:32 am ET
Summit Industrial Income REIT Announces Timing of Fourth Quarter and Year-End 2019 Results Conference Call and Slide Presentation
TORONTO, Feb. 3, 2020 /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, 2019 on the afternoon of Wednesday, February 19, 2020. A conference call hosted by Summit II's management team will be held on Thursday, February 20, 2020 at 8.30 am EST.
Jan 29, 2020 07:30 am ET
Summit Industrial Income REIT to Acquire Six-Building GTA Industrial Park
TORONTO, Jan. 29, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced that it has waived conditions and will acquire 100% of the Cochrane Business Park, a six-building light industrial campus located in Markham within the Greater Toronto Area ("GTA"). The six buildings total 228,719 square feet of gross leasable area ("GLA"). Summit will pay $45.15 million for the campus, well below replacement cost, funded by its acquisition credit facility and generating a going-in capitalization rate of approximately 4.3%. Closing is expected on or before February 1
Jan 15, 2020 04:30 pm ET
Summit Industrial Income REIT Announces January 2020 Cash Distribution
TORONTO, Jan. 15, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on February 14, 2020 to Unitholders of record on January 31, 2020. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Jan 13, 2020 07:15 am ET
Summit Industrial Income REIT to Acquire Class A Single-Tenant GTA Property
TORONTO, Jan. 13, 2020 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A light industrial property totaling 51,490 square feet, including 11,654 square feet of finished office space, located in Oakville, Ontario in the Greater Toronto Area ("GTA"). The property is situated in an established industrial property node just south of the Ford Assembly Plant with convenient access to the 400 series highways and close to transit. Summit will pay $13.3 million for the property, well below repl
Dec 13, 2019 04:32 pm ET
Summit Industrial Income REIT Announces December 2019 Cash Distribution
TORONTO, Dec. 13, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on January 15, 2020 to Unitholders of record on December 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Dec 13, 2019 08:03 am ET
Summit Industrial Income REIT Announces Timing of Fourth Quarter and Year-End 2019 Results & Conference Call
TORONTO, Dec. 13, 2019 /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, 2019 on the afternoon of Wednesday, February 19, 2020. A conference call hosted by Summit II's management team will be held on Thursday, February 20, 2020 at 8.30 am EST.
Dec 12, 2019 04:45 pm ET
Summit Industrial Income REIT Expands Presence in Target GTA Market
TORONTO, Dec. 12, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 184,561 square foot single tenant light industrial property located in Markham, Ontario. The property is situated on a 11.7-acre site with low 36% site coverage, providing the opportunity to develop a 60,000 square foot addition to the property. Summit will pay approximately $39.8 million for the property, financed in cash from the REIT's operating facility, generating a going-in capitalization rate of approximately 4.2%,
Nov 15, 2019 04:30 pm ET
Summit Industrial Income REIT Announces November 2019 Cash Distribution
TORONTO, Nov. 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on December 13, 2019 to Unitholders of record on November 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Nov 13, 2019 04:23 pm ET
Summit Industrial Income REIT Announces Strong Performance Through First Nine Months of 2019
TORONTO, Nov. 13, 2019 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today very strong operating and financial performance for the three and nine months ended September 30, 2019.
Nov 01, 2019 05:00 pm ET
Summit Industrial Income REIT Announces Closing of Acquisition of 37 Property Portfolio for $588 Million and Conversion of Subscription Receipts
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Oct 31, 2019 05:30 pm ET
Summit Industrial Income REIT Expands Presence in Strong Greater Toronto Area
TORONTO, Oct. 31, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A light industrial property totaling 128,235 square feet located in Vaughan, Ontario in the Greater Toronto Area.  Summit will pay $25.5 million for the property, well below replacement cost, funded by the assumption of a $10.6 million mortgage with a 3.88% interest rate maturing in March 2023 and cash from its recently completed bought-deal equity offering. Closing is anticipated on or before the end of November 20
Oct 17, 2019 08:44 am ET
IIROC Trade Resumption - SMU.R
TORONTO, Oct. 17, 2019 /CNW/ - Trading resumes in:
Oct 17, 2019 08:17 am ET
Summit Industrial Income REIT Announces Completion of $230 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Oct 17, 2019 07:55 am ET
IIROC Trading Halt - SMU.R
TORONTO, Oct. 17, 2019 /CNW/ - The following issues have been halted by IIROC:
Oct 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces October 2019 Cash Distribution
TORONTO, Oct. 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on November 15, 2019 to Unitholders of record on October 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Oct 08, 2019 08:06 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, Oct. 8, 2019 /CNW/ - Trading resumes in:
Oct 07, 2019 03:25 pm ET
Summit Industrial Income REIT Announces Acquisition of Alberta Light Industrial Portfolio for $588 Million and C$200 Million Offering of Subscription Receipts
Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has entered into a binding Purchase and Sale Agreement to acquire 100% of an institutional quality portfolio of 37 light industrial properties in Alberta...
Oct 07, 2019 03:21 pm ET
IIROC Trading Halt - SMU.UN
TORONTO, Oct. 7, 2019 /CNW/ - The following issues have been halted by IIROC:
Sep 26, 2019 11:00 am ET
Summit Industrial Income REIT Announces Timing of Third 2019 Results & Conference Call
TORONTO, Sept. 26, 2019 /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 nine months ended September 30, 2019 on the afternoon of Wednesday, November 13, 2019. A conference call hosted by Summit II's management team will be held on Thursday, November 14, 2019 at 9:00 am EST.
Sep 26, 2019 10:00 am ET
Summit Industrial Income REIT Included in TSX30 - One of the Top Thirty Performing Issuers Over Last Three Years
TORONTO, Sept. 26, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) was pleased to announce today that it has been included in the recently announced TSX30, a new flagship program ranking the thirty top-performing issuers on the Toronto Stock Exchange over the three year period from June 2016 to July 2019 based on dividend-adjusted price appreciation. Over this year period Summit generated an approximate 160% increase in its distribution-adjusted unit price.   
Sep 26, 2019 09:00 am ET
Toronto Stock Exchange Introduces the TSX30
Canada's premier equities marketplace launches new program to showcase top performing companies, TSX to host market open ceremony September 27
Sep 16, 2019 07:22 am ET
Summit Industrial Income REIT to Acquire Two Properties and Interest in Development Land
TORONTO, Sept. 16, 2019 /CNW/ - Summit  Industrial  Income  REIT  ("Summit"  or  the  "REIT")  (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a brand new single tenant light industrial property and 100% of a second recently constructed multi-tenant light industrial property totaling 431,930 square feet in a newly-created industrial park with frontage on The Hanlon Expressway near Highway 401 in Guelph, Ontario. Summit will pay $57.0 million in cash for the two properties, funded by its recently completed bought-deal equity offering, generating a going-in
Sep 13, 2019 05:00 pm ET
Summit Industrial Income REIT Announces September 2019 Cash Distribution
TORONTO, Sept. 13, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on October 15, 2019 to Unitholders of record on September 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Sep 12, 2019 07:45 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, Sept. 12, 2019 /CNW/ - Trading resumes in:
Sep 11, 2019 04:25 pm ET
IIROC Trading Halt - SMU.UN (all issues)
TORONTO, Sept. 11, 2019 /CNW/ - The following issues have been halted by IIROC:
Sep 11, 2019 04:01 pm ET
Summit Industrial Income REIT Sells Interests in Data Centre Projects
Generates Significant Realized Gain of $0.35 per Unit Results in Special Distribution of $0.07 per Unit Redeploying Capital into Core Light Industrial Developments & Acquisitions
Sep 09, 2019 05:01 pm ET
Summit Industrial Income REIT Expands Presence in Calgary Airport Logistics Park
TORONTO, Sept. 9, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a brand new Class A light industrial property totaling 121,456 square feet located in the YYC Logistics Centre, an industrial park under development adjacent to the Calgary International Airport on land leased from the Calgary Airport Authority. The developer of the property has a comprehensive development agreement with the Calgary Airport Authority involving a further 38.2 acres of airport land capable of supporting an ad
Aug 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces August 2019 Cash Distribution
TORONTO, Aug. 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on September 13, 2019 to Unitholders of record on August 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Aug 07, 2019 05:01 pm ET
Summit Industrial Income REIT Announces Strong Performance in Second Quarter 2019
TORONTO, Aug. 7, 2019 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today very strong operating and financial performance for the three and six months ended June 30, 2019.
Jul 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces July 2019 Cash Distribution
TORONTO, July 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on August 15, 2019 to Unitholders of record on July 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Jul 02, 2019 02:58 pm ET
Summit Industrial Income REIT Announces Timing of Second Quarter 2019 Results & Conference Call
TORONTO, July 2, 2019 /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, 2019 on the afternoon of Wednesday, August 7, 2019. A conference call hosted by Summit II's management team will be held on Thursday, August 8, 2019 at 8:30 am EST.
Jun 14, 2019 05:30 pm ET
Summit Industrial Income REIT Announces June 2019 Cash Distribution
TORONTO, June 14, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on July 15, 2019 to Unitholders of record on June 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
Jun 12, 2019 08:30 am ET
Summit Industrial Income REIT Announces Completion of $149.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Jun 04, 2019 08:05 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, June 4, 2019 /CNW/ - Trading resumes in:
Jun 03, 2019 04:57 pm ET
IIROC Trading Halt - SMU.UN
TORONTO, June 3, 2019 /CNW/ - The following issues have been halted by IIROC:
Jun 03, 2019 04:37 pm ET
Summit Industrial Income REIT– Announces C$130 Million Bought Deal Financing
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the "Underwriters") to sell, on a bought deal...
May 29, 2019 11:59 am ET
Summit Industrial Income REIT Files Final Base Shelf Prospectus
TORONTO, May 29, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on May 28, 2019 for the purpose of the sale of securities.
May 17, 2019 05:00 pm ET
Summit Industrial Income REIT Announces Completion of Internalization of Asset and Property Management
TORONTO, May 17, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has completed the previously announced internalization of the REIT's asset and property management functions (the "Internalization").
May 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces May 2019 Cash Distribution
TORONTO, May 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on June 14, 2019 to Unitholders of record on May 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.045 per unit.
May 08, 2019 10:47 pm ET
Summit Industrial Income Reit Announces Results of Voting for Trustees and Overwhelming Approval of Internalization of Asset and Property Management
TORONTO, May 8, 2019 /CNW/ - Summit Industrial Income REIT (the "REIT") (TSX: SMU.UN) is pleased to announce that unitholders of the REIT have overwhelmingly voted in favour of the previously announced internalization of the REIT's asset and property management functions (the "Internalization") by way of the acquisition of the REIT's external manager, Sigma Asset Management Limited. The Internalization was approved by over 99.8% of votes cast by disinterested unitholders represented in person or by proxy at the REIT's annual general and special meeting of unitholders held earlier today (the
May 07, 2019 05:33 pm ET
Summit Industrial Income REIT Announces Continued Growth in First Quarter 2019
Monthly Cash Distributions Increased 4.7% to $0.54 per Unit Annualized
Apr 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces April 2019 Cash Distribution
TORONTO, April 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on May 15, 2019 to Unitholders of record on April 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Apr 02, 2019 05:15 pm ET
Summit Industrial Income REIT Announces Timing of First Quarter 2019 Results & Conference Call and 2018 Annual Unitholders' Meeting
TORONTO, April 2, 2019 /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, 2019 on the afternoon of Tuesday, May 7, 2019. A conference call hosted by Summit II's management team will be held on Wednesday, May 8, 2019 at 8:30 am EST.
Mar 25, 2019 10:36 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, March 25, 2019 /CNW/ - Trading resumes in:
Mar 25, 2019 10:27 am ET
Summit Industrial Income REIT Announces Proposed Internalization of Asset and Property Management
TORONTO, March 25, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has entered into an agreement (the "Purchase Agreement"), to internalize the REIT's asset and property management functions (the "Internalization"). As a result of the Internalization, the annual asset management fee, property management fee, acquisition fee, incentive fee, and other fees payable by the REIT to its external manager, Sigma Asset Management Limited (the "Manager") will be eliminated. The Internalization is expected to close on or about May 17, 2019, subj
Mar 25, 2019 09:42 am ET
IIROC Trading Halt - SMU.UN
TORONTO, March 25, 2019 /CNW/ - The following issues have been halted by IIROC:
Mar 15, 2019 05:30 pm ET
Summit Industrial Income REIT Announces March 2019 Cash Distribution
TORONTO, March 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on April 15, 2019 to Unitholders of record on March 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Mar 08, 2019 04:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index
TORONTO, March 8, 2019 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, March 18, 2019:
Feb 20, 2019 04:01 pm ET
Summit Industrial Income REIT Announces Another Record Year in 2018
TORONTO, Feb. 20, 2019 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three months and year ended December 31, 2018.
Feb 15, 2019 04:30 pm ET
Summit Industrial Income REIT Announces February 2019 Cash Distribution
TORONTO, Feb. 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on March 15, 2019 to Unitholders of record on February 28, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Feb 05, 2019 04:30 pm ET
Summit Industrial Income REIT Provides Financing Update
TORONTO, Feb. 5, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has replaced previously-arranged bridge loans used to complete recent acquisitions with permanent long-term fixed rate mortgage financing.
Feb 05, 2019 07:44 am ET
Summit Industrial Income REIT to Acquire Montreal Logistics Property
TORONTO, Feb. 5, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 236,134 square foot single tenant logistics facility located in Montreal, Quebec. The property is situated on a 16.5-acre site in a prime location with excellent exposure to the Trans-Canada Highway and other transportation links. It is also situated close to other existing Summit properties providing operational efficiencies. The property offers the potential for re-development to add additional square footage over time.
Jan 24, 2019 04:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Review of S&P/TSX Canadian Dividend Aristocrats Index
Jan 15, 2019 04:30 pm ET
Summit Industrial Income REIT Announces January 2019 Cash Distribution
TORONTO, Jan. 15, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on February 15, 2019 to Unitholders of record on January 31, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Jan 09, 2019 02:44 pm ET
Summit Industrial Income REIT Announces Timing of Fourth Quarter & Year End 2018 Results & Conference Call
TORONTO, Jan. 9, 2019 /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, 2018 on the afternoon of Wednesday, February 20, 2019. A conference call hosted by Summit II's management team will be held on Thursday, February 21, 2019 at 10.00 am EST.
Dec 14, 2018 04:30 pm ET
Summit Industrial Income REIT Announces December 2018 Cash Distribution
TORONTO, Dec. 14, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on January 15, 2019 to Unitholders of record on December 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Dec 11, 2018 07:53 am ET
Summit Industrial Income REIT Announces Significant Portfolio Growth
TORONTO, Dec. 11, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire the previously-announced portfolio of light industrial properties in the Greater Toronto Area ("GTA"), Ottawa and Montreal totaling 2.1 million square feet of gross leasable area, and another portfolio of properties in Alberta totaling 998,095 square feet for a total purchase price of approximately $328.6 million. The acquisitions will be financed by the previously-announced $140 million equity offering, two anticipated twelve-mont
Dec 10, 2018 07:26 am ET
Summit Industrial Income REIT Announces Completion of $140 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 30, 2018 09:31 am ET
Summit Industrial Income REIT Announces Increase to Previously Announced Equity Offering to $125 Million
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that due to strong demand, the size of the previously announced equity offering in connection with which it entered into an agreement with a syndicate of...
Nov 30, 2018 07:06 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, Nov. 30, 2018 /CNW/ - Trading resumes in:
Nov 29, 2018 04:32 pm ET
Summit Industrial Income REIT Announces Significant Portfolio Growth and $110 Million Equity Offering
Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into agreements to acquire eleven light industrial properties aggregating just under 2.1 million square feet of gross leasable area (the...
Nov 29, 2018 03:57 pm ET
IIROC Trading Halt - SMU.UN
TORONTO, Nov. 29, 2018 /CNW/ - The following issues have been halted by IIROC:
Nov 15, 2018 04:30 pm ET
Summit Industrial Income REIT Announces November 2018 Cash Distribution
TORONTO, Nov. 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on December 14, 2018 to Unitholders of record on November 30, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Nov 06, 2018 04:00 pm ET
Summit Industrial Income REIT Announces Continued Strong Growth in Third Quarter 2018
TORONTO, Nov. 6, 2018 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three and nine months ended September 30, 2018.
Oct 15, 2018 05:30 pm ET
Summit Industrial Income REIT Announces October 2018 Cash Distribution
TORONTO, Oct. 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on November 15, 2018 to Unitholders of record on October 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Oct 11, 2018 11:42 am ET
Summit Industrial Income REIT Announces Timing of Third Quarter 2018 Results & Conference Call
TORONTO, Oct. 11, 2018 /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 nine months ended September 30, 2018 on the afternoon of Tuesday, November 6, 2018. A conference call hosted by Summit II's management team will be held on Wednesday, November 7, 2018 at 9.00 am EST.
Sep 27, 2018 05:00 pm ET
Summit Industrial Income REIT Provides Leasing Update
2018 Lease Renewals Complete with Strong 92.5% Retention Rate, Occupancy Rising to 99.3%
Sep 27, 2018 05:00 pm ET
Summit Industrial Income REIT to Acquire GTA Logistics Property
TORONTO, Sept. 27, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 262,610 square foot single tenant Class A logistics facility located in Mississauga, Ontario. The building has 24-foot clear celling height and large bay sizes with 21 truck-level doors and four drive-in doors, spacious truck courts and ample parking. It is well located within the Pearson International Airport Corporate Centre, with excellent highway and rail transportation links, and situated close to an existing Summit
Sep 17, 2018 08:30 am ET
Summit Industrial Income REIT to Expand Presence in High Yield Data Centre Market
TORONTO, Sept. 17, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it is extending a $16.0 million mezzanine loan to its partner Urbacon Montreal Limited Partnership ("Urbacon") to develop a new planned 95,000 square foot data centre property ("DC2") on land owned by Urbacon directly adjacent to the existing DC1 property. Summit's mezzanine loan can be converted into a 50% ownership interest in DC2 once the property is leased and stabilized.
Sep 14, 2018 05:15 pm ET
Summit Industrial Income REIT Announces September 2018 Cash Distribution
TORONTO, Sept. 14, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on October 15, 2018 to Unitholders of record on September 30, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Aug 15, 2018 05:30 pm ET
Summit Industrial Income REIT Announces August 2018 Cash Distribution
TORONTO, Aug. 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on September 14, 2018 to Unitholders of record on August 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Aug 08, 2018 05:36 pm ET
Summit Industrial Income REIT Announces Continued Strong Growth in Second Quarter 2018
TORONTO, Aug. 8, 2018 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three and six months ended June 30, 2018.
Jul 26, 2018 05:30 pm ET
Summit Industrial Income REIT to Acquire GTA Logistics Property
TORONTO, July 26, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 369,500 square foot single tenant logistics facility located in Oshawa, Ontario. The building, constructed in 2007, has 28-foot clear celling height, excellent rail and highway transportation links, and extensive truck trailer storage on site. The property is leased to a North American logistics company which recently extended its lease for a five-year term beginning January 8, 2018.
Jul 13, 2018 05:30 pm ET
Summit Industrial Income REIT Announces July 2018 Cash Distribution
TORONTO, July 13, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on August 15, 2018 to Unitholders of record on July 31, 2018. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of the REIT will receive a distribution equal to $0.043 per unit.
Jul 04, 2018 05:05 pm ET
Summit Industrial Income REIT Announces Timing of Second Quarter 2018 Results & Conference Call
TORONTO, July 4, 2018 /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, 2018 on the afternoon of Wednesday, August 8, 2018. A conference call hosted by Summit II's management team will be held on Thursday, August 9, 2018 at 10.00 am EST.
Jun 19, 2018 05:30 pm ET
Summit Industrial Income REIT Signs Significant New Data Centre Lease
TORONTO, June 19, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that the tenant at its Data Centre One ("DC1") has exercised its option to expand into the remaining 60,000 square feet of the 120,000 square foot building on the same terms and conditions under its existing lease.
Jun 15, 2018 05:30 pm ET
Summit Industrial Income REIT Announces June 2018 Cash Distribution
TORONTO, June 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on July 13, 2018 to Unitholders of record on June 30, 2018.
Jun 15, 2018 08:24 am ET
Summit Industrial Income REIT Announces Completion of $115 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jun 07, 2018 08:08 am ET
IIROC Trade Resumption - SMU.UN; PL; ZYME; APH; NVU.UN
TORONTO, June 7, 2018 /CNW/ - Trading resumes in:
Jun 06, 2018 04:43 pm ET
IIROC Trading Halt - SMU.UN
TORONTO, June 6, 2018 /CNW/ - The following issues have been halted by IIROC:
Jun 06, 2018 04:42 pm ET
Summit Industrial Income REIT Announces Significant Portfolio Expansion and $100 Million Bought Deal Equity Offering
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 entered into agreements to acquire five...
May 17, 2018 05:43 pm ET
Summit Industrial Income REIT to Acquire GTA Cold Storage Facility with Development Potential
TORONTO, May 17, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 187,245 square foot single tenant cold storage facility located in Mississauga, Ontario (the "Transaction"). The property is leased to a national logistics company under a long-term lease with fourteen years remaining. 
May 15, 2018 05:30 pm ET
Summit Industrial Income REIT Announces May 2018 Cash Distribution
TORONTO, May 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on June 15, 2018 to Unitholders of record on May 31, 2018.
May 09, 2018 05:42 pm ET
Summit Industrial Income REIT Announces Results of Voting for Trustees at Annual Meeting of Unitholders
TORONTO, May 9, 2018 /CNW/ - Summit Industrial Income REIT (the "REIT") (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 9, 2018 annual unitholders' meeting.  Each of the nominee trustees listed in the REIT's management information circular dated March 31, 2018 was elected as a trustee of the REIT.  The REIT received proxies with regard to voting on the six trustees nominated for election, directing as set forth in the table below:
May 08, 2018 07:00 pm ET
Summit Industrial Income REIT Announces Significant Growth in First Quarter 2018 Results
TORONTO, May 8, 2018 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today a significant increase in its operating and financial results for the three months ended March 31, 2018.
May 08, 2018 06:11 pm ET
Summit Industrial Income REIT Announces Sale of Four Properties and Special Distribution
TORONTO, May 8, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has agreed to sell a 75% interest in four properties, one located in each of Brockville, Ottawa and Mississauga, Ontario, and one in Laval, Quebec totaling 406,360 square feet, to a major Canadian institution for total proceeds of approximately $46.4 million, generating a realized gain on the sale of approximately $6.8 million. The proceeds of the sale will be used to reduce the REIT's revolving operating credit facility and for future acquisitions. The closing of the pro
Apr 13, 2018 05:30 pm ET
Summit Industrial Income REIT Announces April 2018 Cash Distribution
TORONTO, April 13, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on May 15, 2018 to Unitholders of record on April 30, 2018.
Apr 11, 2018 05:30 pm ET
Summit Industrial Income REIT Announces Timing of First Quarter 2018 Results & Conference Call and 2017 Annual Unitholders' Meeting
TORONTO, April 11, 2018 /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, 2018 on the afternoon of Tuesday, May 8, 2018. A conference call hosted by Summit II's management team will be held on Wednesday, May 9, 2018 at 8:30 am EST.
Mar 28, 2018 05:15 pm ET
Summit Industrial Income REIT Announces Acquisition of Property and New Financing
TORONTO, March 28, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a distribution warehouse totaling 141,034 square feet of gross leasable area located in Stratford, Ontario. The building is leased to Samsonite Canada, a global manufacturer and retailer of consumer durable goods, under a twelve-year lease with contractual lease escalations. The property is a brand new, build-to-suit facility with clear 36 foot ceiling heights and the potential for future expansion based on tenant demand.
Mar 15, 2018 05:30 pm ET
Summit Industrial Income REIT Announces March 2018 Cash Distribution
TORONTO, March 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on April 13, 2018 to Unitholders of record on March 31, 2018.
Feb 20, 2018 04:03 pm ET
Summit Industrial Income REIT Accelerates Growth in 2017, Generates Record Results
TORONTO, Feb. 20, 2018 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today accelerated growth and strong operating and financial results for the three months and year ended December 31, 2017.
Feb 15, 2018 04:30 pm ET
Summit Industrial Income REIT Announces February 2018 Cash Distribution
TORONTO, Feb. 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on March 15, 2018 to Unitholders of record on February 28, 2018.
Jan 16, 2018 08:08 am ET
Summit Industrial Income REIT Announces Timing of Fourth Quarter & Year-End 2017 Results & Conference Call
TORONTO, Jan. 16, 2018 /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, 2017 on the afternoon of Tuesday, February 20, 2018. A conference call hosted by Summit II's management team will be held on Wednesday, February 21, 2018 at 9.00 am ET.
Jan 15, 2018 04:30 pm ET
Summit Industrial Income REIT Announces January 2018 Cash Distribution
TORONTO, Jan. 15, 2018 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on February 15, 2018 to Unitholders of record on January 31, 2018.
Dec 27, 2017 11:37 am ET
Summit Industrial Income REIT Establishes Joint Venture Partnership with Experienced Data Centre Developer to Generate Significantly Accretive Investments
TORONTO, Dec. 27, 2017 /CNW/ - Summit Industrial Income REIT ("Summit") (TSX: SMU.UN) announced today that it has entered into a joint venture partnership with Urbacon Montreal Limited Partnership ("Urbacon") to develop, own and operate high-yielding, state-of-the-art digital data centres in key markets across Canada. Summit has exclusive rights to participate in Urbacon's future data centre projects in Canada.
Dec 15, 2017 04:30 pm ET
Summit Industrial Income REIT Announces December 2017 Cash Distribution
TORONTO, Dec. 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on January 15, 2018 to Unitholders of record on December 31, 2017.
Dec 13, 2017 07:59 am ET
Summit Industrial Income REIT Announces Completion of $103.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Dec 11, 2017 05:37 pm ET
Summit Industrial Income REIT Announces Waiver of Conditions on Ontario Portfolio and Underwriters' Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Dec 05, 2017 09:48 am ET
Summit Industrial Income REIT Announces Significant Increase in GTA Portfolio and Increase to Previously Announced Equity Offering to $90 Million
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 due to strong demand, the size of the previously...
Dec 05, 2017 08:03 am ET
IIROC Trade Resumption - Summit Industrial Income REIT
Toronto, Ontario--(Newsfile Corp. - December 5, 2017) - Trading resumes in:
Dec 04, 2017 04:30 pm ET
IIROC Trade Halt - Summit Industrial Income REIT
Toronto, Ontario--(Newsfile Corp. - December 4, 2017) - The following issues have been halted by IIROC:
Dec 04, 2017 04:23 pm ET
Summit Industrial Income REIT Announces Significant Increase in GTA Portfolio and $80 Million Equity Offering
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 waived conditions and will acquire a 100%...
Nov 16, 2017 05:49 pm ET
Summit Industrial Income REIT to Acquire Four Properties Well-Diversified in Target Markets
TORONTO, Nov. 16, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a four property light industrial portfolio located in the REIT's key target markets. In total, the portfolio will add 238,783 square feet of space for a total purchase price of approximately $35.0 million. The acquisitions will be financed by new $20.7 million five-year debt with an expected interest rate of 3.33% and the balance in cash from the REIT's operating credit facility, generating a strong going-in capitalization
Nov 15, 2017 05:30 pm ET
Summit Industrial Income REIT Announces November 2017 Cash Distribution
TORONTO, Nov. 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on December 15, 2017 to Unitholders of record on November 30, 2017.
Nov 07, 2017 05:01 pm ET
Summit Industrial Income REIT Announces Strong Growth in Third Quarter 2017
TORONTO, Nov. 7, 2017 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today strong growth and solid operating performance for the three and nine months ended September 30, 2017.
Oct 31, 2017 06:47 pm ET
Summit Industrial Income REIT to Expand Presence in Target GTA and Montreal Markets
TORONTO, Oct. 31, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 50% interest in a 70,000 square foot light industrial property well-located in Laval, Quebec. The REIT is purchasing the property with its Quebec joint venture partner Groupe Montoni. The REIT will pay $3.1 million for its 50% interest, financed by a new $2 million two-year mortgage bearing an expected interest rate of 3.3% with the balance in cash from its operating credit facility, generating a going-in capitalization rate of a
Oct 13, 2017 06:30 pm ET
Summit Industrial Income REIT Announces October 2017 Cash Distribution
TORONTO, Oct. 13, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on November 15, 2017 to Unitholders of record on October 31, 2017.
Oct 05, 2017 06:02 pm ET
Summit Industrial Income REIT Announces Timing of Third Quarter 2017 Results & Conference Call
TORONTO, Oct. 5, 2017 /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 nine months ended September 30, 2017 on the afternoon of Tuesday, November 7, 2017. A conference call hosted by Summit II's management team will be held on Wednesday, November 8, 2017 at 9:00 am ET.
Sep 20, 2017 06:30 pm ET
Summit Industrial Income REIT to Acquire Greater Toronto Area Industrial Property
TORONTO, Sept. 20, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire a previously-announced 255,000 square foot 22' clear light industrial property well located in Etobicoke, Ontario. The property is located in the heart of this Greater Toronto Area ("GTA") industrial submarket close to Pearson International Airport and with convenient access to major highways. The property is 83% leased to two tenants each with over nine years of remaining lease term and annual contractual rent escalation of appro
Sep 15, 2017 06:30 pm ET
Summit Industrial Income REIT Announces September 2017 Cash Distribution
TORONTO, Sept. 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on October 13, 2017 to Unitholders of record on September 30, 2017.
Aug 16, 2017 06:05 pm ET
Summit Industrial Income REIT to Acquire Montreal Logistics Property
TORONTO, Aug. 16, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire the previously-announced 511,848 square foot logistics property in Montreal, Quebec. The property is strategically located on the Trans-Canada Highway with transportation links to Ontario and US markets, and close to Pierre Elliott Trudeau International Airport. It is 100% occupied by a single tenant with ten years remaining on its lease term, including 1.5% annual rent escalations. The building sits on 21.2 acres of land with fron
Aug 15, 2017 06:30 pm ET
Summit Industrial Income REIT Announces August 2017 Cash Distribution
TORONTO, Aug. 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on September 15, 2017 to Unitholders of record on August 31, 2017.
Aug 09, 2017 06:10 pm ET
Summit Industrial Income REIT Announces Strong Growth in Second Quarter 2017
TORONTO, Aug. 9, 2017 /CNW/ - Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today strong growth and solid operating performance for the three and six months ended June 30, 2017.
Aug 09, 2017 06:02 pm ET
Summit Industrial Income REIT to Acquire GTA Industrial Property
TORONTO, Aug. 9, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 116,818 square foot light industrial property well located in Oakville, Ontario. The property, constructed in 2002 and expanded in 2010, is a modern Class A logistics facility located close to major transportation links with 30 foot clear ceiling heights and ample parking.  It is 100% occupied by a single tenant with six years remaining on its lease term including 2.0% annual rent escalations. The REIT will pay $15.3 million for t
Jul 14, 2017 06:30 pm ET
Summit Industrial Income REIT Announces July 2017 Cash Distribution
TORONTO, July 14, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on August 15, 2017 to Unitholders of record on July 31, 2017.
Jun 30, 2017 08:28 am ET
Summit Industrial Income REIT Announces Completion of $69.0 Million Bought Deal Equity Offering
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...
Jun 29, 2017 04:50 pm ET
Summit Industrial Income REIT Announces Timing of Second Quarter 2017 Results & Conference Call
TORONTO, June 29, 2017 /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, 2017 on the afternoon of Wednesday, August 9, 2017. A conference call hosted by Summit II's management team will be held on Thursday, August 10, 2017 at 9.00 am ET.
Jun 21, 2017 09:05 am ET
IIROC Trade Resumption - SMU.UN
TORONTO, June 21, 2017 /CNW/ - Trading resumes in:
Jun 20, 2017 05:49 pm ET
IIROC Trading Halt - SMU.UN
TORONTO, June 20, 2017 /CNW/ - The following issues have been halted by IIROC:
Jun 20, 2017 04:35 pm ET
Summit Industrial Income REIT Announces $60 Million Bought Deal Equity Offering
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 entered into an agreement with a syndicate of...
Jun 15, 2017 06:30 pm ET
Summit Industrial Income REIT Announces June 2017 Cash Distribution
TORONTO, June 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on July 14, 2017 to Unitholders of record on June 30, 2017.
May 15, 2017 06:30 pm ET
Summit Industrial Income REIT Announces May 2017 Cash Distribution
TORONTO, May 15, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on June 15, 2017 to Unitholders of record on May 31, 2017.
May 10, 2017 03:56 pm ET
Summit Industrial Income REIT Announces Results of Voting for Trustees at Annual and Special Meeting of Unitholders
TORONTO, May 10, 2017 /CNW/ - Summit Industrial Income REIT (the "REIT") (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 10, 2017 annual and special unitholders' meeting.  Each of the nominee trustees listed in the REIT's management information circular dated March 31, 2017 was elected as a trustee of the REIT. The REIT received proxies with regard to voting on the six trustees nominated for election, directing as set forth in the table below:
May 09, 2017 06:05 pm ET
Summit Industrial Income REIT Announces Strong Growth in First Quarter 2017
Announces Increase to Monthly Cash Distributions
Apr 27, 2017 04:18 pm ET
Summit Industrial Income REIT Files Final Base Shelf Prospectus
TORONTO, April 27, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on April 26, 2017 for the purpose of the sale of securities.
Apr 19, 2017 02:12 pm ET
Summit Industrial Income REIT Files Preliminary Base Shelf Prospectus
TORONTO, April 19, 2017 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a preliminary base shelf prospectus. The preliminary base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on April 18, 2017 but has not yet become final for the purpose of the sale of securities.
Apr 13, 2017 06:30 pm ET
Summit Industrial Income REIT Announces April 2017 Cash Distribution
TORONTO, April 13, 2017 /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, 2017 to Unitholders of record on April 30, 2017.
Mar 30, 2017 03:54 pm ET
Summit Industrial Income REIT Announces Timing of First Quarter 2017 Results & Conference Call and 2016 Annual Unitholders' Meeting
TORONTO, March 30, 2017 /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, 2017 on the afternoon of Tuesday, May 9, 2017. A conference call hosted by Summit II's management team will be held on Wednesday, May 10, 2017 at 8:30 am ET.