Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

BRIEF-Summit Industrial Income REIT To Acquire Two Properties And Interest In Development Land

Published 2019-09-16, 07:32 a/m
Updated 2019-09-16, 07:40 a/m
© Reuters.  BRIEF-Summit Industrial Income REIT To Acquire Two Properties And Interest In Development Land

© Reuters. BRIEF-Summit Industrial Income REIT To Acquire Two Properties And Interest In Development Land

Sept 16 (Reuters) - Summit Industrial Income REIT SMU_u.TO :

* SUMMIT INDUSTRIAL INCOME REIT TO ACQUIRE TWO PROPERTIES AND INTEREST IN DEVELOPMENT LAND

* SUMMIT INDUSTRIAL INCOME REIT - WILL PAY $57.0 MILLION IN CASH FOR TWO PROPERTIES

* SUMMIT INDUSTRIAL INCOME REIT - ALSO ACQUIRING A 50% INTEREST IN 49 ACRES OF DEVELOPMENT LAND IN SAME INDUSTRIAL PARK FOR $13.8 MILLION

* SUMMIT INDUSTRIAL INCOME REIT - WILL ACQUIRE SINGLE TENANT LIGHT INDUSTRIAL PROPERTY AND RECENTLY CONSTRUCTED MULTI-TENANT LIGHT INDUSTRIAL PROPERTY

* SUMMIT INDUSTRIAL INCOME REIT - ENTERING INTO 50/50 JV WITH COOPER CONSTRUCTION TO INDUSTRIAL PROPERTY OVER NEXT FEW YEARS

* SUMMIT INDUSTRIAL INCOME REIT - THE TWO PROPERTIES ON HANLON EXPRESSWAY NEAR HIGHWAY 401 IN GUELPH, ONTARIO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.