Dream Industrial Real Estate Investment Trust T.DIR.UN

Alternate Symbol(s): DREUF

Dream Industrial Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns, manages and operates a portfolio of 322 assets totaling approximately 70.6 million square feet of gross leasable area in key markets across Canada, Europe and the United States. The Company owns and operates a diversified portfolio of distribution, urban logistics and light industrial properties across key markets in Canada, Europe and the United States. Across its regions, its portfolio consists of distribution, urban logistics and light industrial buildings: distribution buildings, urban logistics buildings and light industrial buildings. The Company’s properties include Quayside, FORMA, Zibi, 212 King West, First Purpose Built Indigenous Hub, Brightwater, Alpine Park, Canary Landing, Canary District, The Distillery District, The Broadview Hotel, Brighton, Arapahoe Basin, Brighton Village Rentals and others.

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Dream Industrial Real Estate Investment Trust > CIBC Upgrade Again

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Comment by Defiance2050on Jun 26, 2021 5:52pm

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Post# 33456603

RE:RE:CIBC Upgrade Again

Industrial real estate has done well as a whole in the last few years. I can speak for the Canadian commercial real estate market and the majority is not publically listed. Depending on the city (this can be expensive) with the most recent transaction that Artis did in the GTA sold at a sub 3 cap.

Dream Industrials new direction appears to be Europe at a higher than GTA cap rate with debt being currency swapped to under 1%.

SargeX wrote: This is one of our most surprising holdings. I'm quite amazed that it just seems to keep going up even after they've done a few sets of stock issuances in the last couple years. We originally got in at $8.60 in Sept, 2013 and have been adding along the way.

Ciao
Sarge

retiredcf wrote: It was only 3 weeks ago that they raised their target to $15.50. Yesterday, they released a report entitled: "Executing On Growth Initiatives" and bumped their target by another buck to $16.50. GLTA