Summit Industrial Income REIT is an open-ended mutual fund real estate investment trust. It focuses on owning and managing a portfolio of light industrial properties across Canada.
The Canadian light industrial sector is characterized by low capital investment and maintenance expenditures as well as a large and diverse tenant base. Summit has a diversified portfolio comprising of a wide range of industrial product types and spaces in different markets.
The REIT focuses on acquiring modern and efficient industrial properties at strategic locations close to major growth population centers. Summit’s internal growth strategy comprises rental rate optimization, tenant retention, and a focused capital expenditure program.