Summit Industrial Income REIT

Markham, Canada Founded: 2005 • Age: 21 yrs Acquired By Dream
Real estate investment trust
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About Summit Industrial Income REIT

Summit Industrial Income REIT is a company based in Markham (Canada) founded in 2005 was acquired by Dream in November 2022.. Summit Industrial Income REIT operates in a competitive market with competitors including Morguard, H&R Real, Artis REIT, Choice Properties REIT and PROREIT, among others.

  • Headquarter Markham, Canada
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Summit Industrial Income Reit
Operational Areas
Financial Services → Private Capital & Alternative Investments
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Dream

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Dream

    (Nov 07, 2022)

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Funding Insights of Summit Industrial Income REIT

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Summit Industrial Income REIT

Summit Industrial Income REIT has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dream and GIC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Founded Year Domain Location
Equity REIT investments are directed toward residential and commercial assets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Summit Industrial Income REIT

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Summit Industrial Income REIT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Summit Industrial Income Reit Comparisons

Employees
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Competitors of Summit Industrial Income REIT

Summit Industrial Income REIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Morguard, H&R Real, Artis REIT, Choice Properties REIT and PROREIT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Real estate investment company
domain founded_year HQ Location
Equity REIT that invests in office, retail, industrial and residential properties
domain founded_year HQ Location
Equity REIT that invests in industrial, office and retail properties
domain founded_year HQ Location
Equity REIT that invests in office, retail and industrial properties
domain founded_year HQ Location
Investments are focused on office, retail, industrial, and mixed-use properties.
domain founded_year HQ Location
Equity REIT investments are directed toward residential and commercial assets.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Summit Industrial Income Reit

Frequently Asked Questions about Summit Industrial Income REIT

When was Summit Industrial Income REIT founded?

Summit Industrial Income REIT was founded in 2005.

Where is Summit Industrial Income REIT located?

Summit Industrial Income REIT is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.

Who is the current CEO of Summit Industrial Income REIT?

Paul Dykeman is the current CEO of Summit Industrial Income REIT.

What does Summit Industrial Income REIT do?

Summit Industrial Income REIT was established in 2005 and is headquartered in Markham, Canada. Operations are centered on the acquisition, ownership, and management of industrial properties across Canada. Income is generated primarily through leasing to tenants in the industrial sector. The portfolio includes warehouses and distribution facilities, with oversight provided by CEO Paul Dykeman. Focus remains on long-term value in the real estate investment trust sector.

Who are the top competitors of Summit Industrial Income REIT?

Summit Industrial Income REIT's top competitors include Choice Properties REIT, Morguard and PROREIT.

Who are Summit Industrial Income REIT's investors?

Summit Industrial Income REIT has 2 investors. Key investors include Dream, and GIC.

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