Summit Industrial Income REIT acquired by GIC and Dream Industrial REIT
Mergers & Acquisitions
Summit Industrial Income REIT, a Toronto Stock Exchange (TSX) listed real estate investment trust focused on growing and managing a portfolio of light industrial properties across Canada, was acquired by GIC, a global long-term investor established in 1981 to manage Singapore's foreign reserves and Dream Industrial REIT (TSX:DREUF), owns, manages and operates a portfolio of 321 industrial assets totalling approximately 70.3 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S