Summit Industrial Income REIT Announces $200 Million Equity Offering and Update on Near-Term Acquisitions 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, March 24, 2022 (GLOBE NEWSWIRE) -- Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of ...
Summit Industrial Income REIT Announces $126 Million Logistics Centre Acquisition and $110 Million Bought Deal Equity Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) -- 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 “Logistics Centre”) located in Calgary, Alberta close to the Calgary International Ai...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summit Industrial Income REIT – Announces C$170 Million Bought Deal Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- 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 basis, 12,455,000 Units at a price of $13.65 per Unit for gross proceeds to Summit of approximately $170 million (the "Offering"). ...
Summit Industrial Income REIT– Announces C$150 Million Bought Deal Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) -- 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 basis, 12,500,000 Units at a price of $12.00 per Unit for gross proceeds to Summit of approximately $150 million (the "Offering"). I...
Summit Industrial Income REIT Announces Acquisition of Alberta Light Industrial Portfolio for $588 Million and C$200 Million Offering of Subscription Receipts NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 07, 2019 (GLOBE NEWSWIRE) -- 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 totaling over 3.3 million square feet of qualit...
Summit Industrial Income REIT– Announces C$130 Million Bought Deal Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 03, 2019 (GLOBE NEWSWIRE) -- 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 basis, 10,400,000 Units at a price of $12.50 per Unit for gross proceeds to Summit of approximately $130 million (the "Offering"). I...
Summit Industrial Income REIT Announces Increase to Previously Announced Equity Offering to $125 Million NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 30, 2018 (GLOBE NEWSWIRE) -- 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 underwriters led by BMO Capital Markets (the “Underwriters”), on a bought deal basis, has been increased, to ...
Summit Industrial Income REIT Announces Significant Portfolio Growth and $110 Million Equity Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 29, 2018 (GLOBE NEWSWIRE) -- 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 “Acquisition Portfolio”). Summit will pay approximately $233.5 million for the Acquisition Portfolio, well be...
Summit Industrial Income REIT Announces Significant Portfolio Expansion and $100 Million Bought Deal Equity Offering Acquisitions Enhance Presence in Key Target Markets and Provide Future Development Potential TORONTO, June 06, 2018 (GLOBE NEWSWIRE) -- 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 warehouse and logistics properties located in Markham, Burlington and Calgary (the “Acquisition Por...
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