Dream Industrial REIT and GIC to acquire Summit Industrial Income REIT
Canada-based Dream Industrial Real Estate Investment Trust (DIR) and Singapore’s sovereign wealth fund GIC through their joint venture (JV) Canadian Industrial JV have agreed to acquire Summit Industrial Income REIT in an all-cash transaction valued at approximately C$5.9 billion ($4.4 billion), including debt. Summit Industrial Income REIT is a Canadian open-ended mutual fund real estate […]