This REIT invests in a portfolio of light industrial properties. It has a few assets in the West and one in the Maritimes, but the prime focus is on Ontario and Quebec.
Income Investor
Sorry, you do not have access to this content.Summit Industrial Income REIT (TSX: SMU.UN) announced on Monday that it has agreed to a takeover bid from Singapore pension fund GIC and Dream Industrial REIT. The price is $23.50 a share, which is a premium of 31.1% over the closing price on Nov. 4. The all-cash transaction must be approved by unitholders and is expected to close early in 2023. - Gordon Pape
Interactive Performance Chart
SMU.UN was first recommended here on July 14, 2018