CA - Summit Industrial Income REIT FFO of C$0.19 revenue of C$62.3M

• Summit Industrial Income REIT press release ( OTC:SMMCF ): Q2 FFO of C$0.19.
• Revenue of C$62.3M (+13.9% Y/Y).
• "Revenue continued to increase in the second quarter, driven by portfolio growth, occupancy rising to near-full levels, and significant rental rate increases on renewals. With this revenue growth, and our proven property management and leasing activities, funds from operations ¹ increased by over 39% in the quarter," commented Paul Dykeman, Chief Executive Officer. "Looking ahead, demand remains exceptionally strong in all of our target markets with record low availability rates and significant market rent increases. By capitalizing on these solid fundamentals, we are confident we will achieve another record year of property performance in 2022."

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