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 > Another new issue....this one at $16.50

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Comment by SargeXon Oct 14, 2021 1:38pm

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Post# 34006009

RE:RE:RE:RE:Another new issue....this one at $16.50

Hey CSC

I totally agree with you on the Europe move. As I mentioned, usually a bunch of stock issuance is worrisome to me but DIR sure seem to use it wisely.

We're in a very similar boat to you with getting in back in Sept, 2013 for $8.60. We've added along the way so our average buy price is $11.39. The main difference is that the shares are in our RRSP/RRIF. Of course, that will still mean a big tax bill for the estate. :-(

Ciao
Sarge

CanSiamCyp wrote: Hey Sarge!

You are right that this one is a real beehive of activity! But I think their strategy of investing in Europe and
repaying all of their N American mortgages (in the 2-3% range) and instead mortgaging all of their
European properties (in the 1% range) was a real game-changer!

At any rate, who can argue with success:

I purchased 12,000 shares in 2013 for approx. $112,000

Current market value approx. $198,000

ACB (with annual RoC adjustments) is approx. $7.23

So a 75% Gain on Cost and an Unrealized Capital Gain of $111,000

Now the only worry is how much tax my estate will pay when I kick the bucket - a very nice worry to have! LOL!

Cheers!