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Summit Industrial Income REIT (SMU-UN-T) Quote - Press Releases

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Latest Press Releases

Summit Industrial Income REIT to Acquire Two Properties and Interest in Development Land
- CNW Group - Mon Sep 16, 6:22AM CDT
CNW Group - CMTX
Mon Sep 16, 6:22AM CDT
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 capitalization rate of approximately 5.4%. Both properties are 100% occupied. Closing is anticipated on or before the end of September 2019.
Summit Industrial Income REIT Announces September 2019 Cash Distribution
- CNW Group - Fri Sep 13, 4:00PM CDT
CNW Group - CMTX
Fri Sep 13, 4:00PM CDT
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.
Summit Industrial Income REIT Sells Interests in Data Centre Projects
- CNW Group - Wed Sep 11, 3:01PM CDT
CNW Group - CMTX
Wed Sep 11, 3:01PM CDT
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
Summit Industrial Income REIT Expands Presence in Calgary Airport Logistics Park
- CNW Group - Mon Sep 9, 4:01PM CDT
CNW Group - CMTX
Mon Sep 9, 4:01PM CDT
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 additional 465,000 square feet of Class A industrial inventory. Summit acquired two properties from the park developer in 2018.
Summit Industrial Income REIT Announces August 2019 Cash Distribution
- CNW Group - Thu Aug 15, 4:30PM CDT
CNW Group - CMTX
Thu Aug 15, 4:30PM CDT
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.
Summit Industrial Income REIT Announces Strong Performance in Second Quarter 2019
- CNW Group - Wed Aug 7, 4:01PM CDT
CNW Group - CMTX
Wed Aug 7, 4:01PM CDT
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.
Summit Industrial Income REIT Announces July 2019 Cash Distribution
- CNW Group - Mon Jul 15, 4:30PM CDT
CNW Group - CMTX
Mon Jul 15, 4:30PM CDT
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.
Summit Industrial Income REIT Announces Timing of Second Quarter 2019 Results & Conference Call
- CNW Group - Tue Jul 2, 1:58PM CDT
CNW Group - CMTX
Tue Jul 2, 1:58PM CDT
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.
Summit Industrial Income REIT- Announces C$130 Million Bought Deal Financing
GlobeNewswire - Mon Jun 3, 3:38PM CDT
GlobeNewswire - CMTX
Mon Jun 3, 3:38PM CDT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Summit Industrial Income REIT Announces Completion of Internalization of Asset and Property Management
- CNW Group - Fri May 17, 4:00PM CDT
CNW Group - CMTX
Fri May 17, 4:00PM CDT
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").

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