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Bullboard - Stock Discussion Forum Summit Industrial Income REIT T.SMU.UN

Alternate Symbol(s):  SMMCF

Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with property locations in Ontario, Western Canada, Quebec and Atlantic Canada. The company is focused on the light industrial sector of the Canadian real estate industry.

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summit suspends DRIP

- my Broker will step in with a Broker DRIP  replacement so I can continue to accumulate shares on a monthly basis. 2022-06-24 17:35 ET - News Release An anonymous trustee reports SUMMIT...read more

CIBC Revised Targets

CIBC World Markets analyst Scott Fromson, Sumayya Syed, Dean Wilkinson reduced their target prices for real estate equities on Monday. Their changes included: Allied Properties Real Estate...read more

Scotiabank

Scotiabank analyst Mario Saric sees REIT prices tied to the domestic economy, “Higher rates and recession fears still dominate REIT unit prices, which have lagged the TSX by 9% year-to-date (-19% vs...read more

Still Oversold

There are over 60 oversold, technically attractive index constituents by RSI this week and the 25 most oversold are listed in the table below. The top five are Dream Office REIT, AltaGas Ltd., Tricon...read more

Oversold

A disproportionate number of REITs. GLTA Oversold stocks on the TSX                 ...read more

CIBC

EQUITY RESEARCH June 5, 2022 Industry Update Industrial REITs: What’s Next An Overview Of Factors Shaping Demand Our Conclusion Industrial REITs have benefited from new and expanded sources of...read more

More RBC

Their upside scenario target is $28.00. GLTA May 13, 2022 Summit Industrial Income REIT Big picture, tailwinds are still at its back Our view: Post...read more

TD 2

Now have a $24.00 target. GLTA Summit Industrial Income REIT (SMU.UN-T) C$18.69 Market Strength Not Reflected in Current Trading Valuation Event Post-Q1...read more

More Targets

Canaccord Genuity analyst Mark Rothschild expects Summit Industrial Income REIT  to continue benefitting from rising rental rates for industrial space in its core markets. Now seeing...read more

RBC

Also have a $25.00 target. GLTA May 10, 2022 Summit Industrial Income REIT Q1 in line; sizeable FV marks & distribution +3% Impact: Neutral Our...read more

TD

Have a $25.00 target. GLTA Summit Industrial Income REIT (SMU.UN-T) C$18.44 Q1/22 FFO/unit In-Line and +9% Y/Y; Distributions Raised 3% Event Q1/22...read more

Analyst Recommendation

As he indicates, he just purchased SMU.UN. GLTA https://www.bnnbloomberg.ca/video/rob-lauzon-discusses-dream-industrial-reit~2438623 BUY Dream Industrial REIT(DIR.UN-T) 09/05/2022 at 08:00pm ...read more

RBC

April 24, 2022 Summit Industrial Income REIT Sector Perform TSX: SMU.UN; CAD 21.00 Price Target CAD 25.00 Company description Summit...read more

TD Notes

From last week. GLTA Q1/22 Real Estate Earnings Preview Impact of Rising Rates/Inflation Take Centre Stage Outlook on Fundamentals Remains Unchanged For the real...read more

More Analysis

SMU.UN seems to have a good portion of its industrial lease renewals coming soon. In fact, 25% in 2022, 40% in 2023, and 29% in 2024. In a very tight leasing market, where vacancy rate is SMU...read more

More Top Pick Details

Last stock in the clip. GLTA https://www.bnnbloomberg.ca/video/andrew-moffs-top-picks~2431215 Summit Industrial Income REIT (SMU.UN TSX) Summit Industrial Income REIT (“Summit” or the “REIT”) is...read more

RE:Top Pick

TOP PICK SUMMIT INDUSTRIAL INCOME REIT RCPTS(SMU.UN-T) 27/04/2022 at 08:00pm   The best way to play the strongest market in NA, and that's the industrial...read more

Top Pick

Last pick today from Andrew Moffs. GLTA  rate and reply

RE:RE:RE:RE:RE:Rent Increases- Wow!

Of course we do not know the exact intent of the co,, however, it is crystal clear that the market for renting industrial real estate is hot overall in Canada with a 28% increase in new leases...read more

RE:RE:RE:RE:Rent Increases- Wow!

What you've identified is a common mistake reporting percentages when all the numbers are not necessarily of the same sign. Summits intent appears to be to a (verbal)  pie-chart of the share...read more