Summit Industrial Income REIT (SMU) 2015年年度报告「TSX」.pdf

1、Focused growth2015 ANNUAL REPORTsummit industrial income real estate investment trust is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial properties across Canada.The REIT is managed by Sigma Asset Management Limited,an experienced and proven team of r

2、eal estate professionals responsible for a ten-year 20%compound annual return generated for investors with the former Summit REIT.TABLE OF CONTENTS 2 Operating Highlights 3 Financial Highlights 4 Growth in the Greater Toronto Area 5 Growth in the Greater Montreal Area 6 Message to Unitholders 10 At

3、a Glance 12 Recent Acquisitions 14 Portfolio by Property 16 Proven,Experienced Management Team2 0 1 5 A NNUA L RE P O RT 1290 FRENETTE AVENUE,MONCTON,NB2015 Highlights2 S U M M I T I I R E IT Acquired interests in 11 properties totaling 850,602 sq.ft.for$81.8 million.Financed with bought-deal equity

4、 offering for gross proceeds of$30 million.Sold 75%interest in two properties for$24.9 million and net realized gain of$2.0 million.Paid special cash distribution of$0.016 per unit.Subsequent to year end,acquired 50%interest in 4 Montreal properties for$15.6 million.Occupancy strong at 98.1%with 5.6

5、 year average lease term and 1.6%annual contractual rent steps.25.0%increase in NOI generated 36.4%and 28.7%increase,respectively in FFO and AFFO.91.9%AFFO payout ratio including realized gain on property sale.Leverage ratio of 53.7%at December 31,2015 creates capacity for further growth.Manager and

6、 Principals interest remains strongly aligned with 13.7%retained interest.Financial Highlights2 0 1 5 A NNUA L RE P O RT 3YEAR ENDED DECEMBER 31,($,000 EXCEPT PER UNIT AMOUNTS)2015 2014Revenue 38,377 28,740 Net Operating Income 26,512 21,214 FFO 16,980 12,447 FFO per Unit$0.593$0.588 AFFO 14,202 11,