Q: Hello, Pat and company. I would like to know your opinion and recommendation on Summit Industrial Income REIT on the TSX. Thanks for all the great advice! Regards.

A: Summit Industrial Income REIT, $11.80, symbol SMU.UN on Toronto (Units outstanding: 96.3 million; Market cap: $1.2 billion; www.summitiireit.com), is an open-ended trust (see below) that owns light industrial properties across Canada.

As of December 31, 2018, the trust owned 108 buildings, making up 13.3 million… Read More