TORONTO, Dec. 16, 2022 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX:SMU-UN.TO) is pleased to announce that at its special meeting ("Meeting") of unitholders of the REIT ("Unitholders") held today, Unitholders voted to approve the previously announced plan of arrangement (the "Arrangement") pursuant to which a joint venture between GIC and Dream Industrial Real Estate Investment Trust will acquire all of the assets and assume all of the liabilities of Summit and the Unitholders will receive $23.50 for each outstanding unit of the REIT (each, a "Unit") they own in cash by way of a special distribution and a redemption of Units, subject to applicable withholdings.
Read more at newswire.caSummit Industrial Income REIT Unitholders Approve Arrangement with GIC and Dream Industrial Real Estate Investment Trust
Newswire.ca - Press Release
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