Dream Industrial Real Estate Investment Trust T.DIR.UN

DIR.UN- NAV

[duplex5696]

Based on a reported NAV of 16.64 current share price represents a price level 26% below the stated value of the Reit. Investors sold off on DIR over currency concerns related to their European holdings which comprise approximately 45% of total assets.DIR has told me that given the hedges currently in place concern over currency fluctuations has been over estimated.

[SargeX]

Hey Dup Thanks for sharing your comments on the currency. I didn't really think aobut that side of things but can see how it might affect revenue. I had thought that the Industrail REITs had all gotten clobbered because of extrapolating what was happening to Amazon and a slow down in online purchases. I think this as it isn;t only DIR that has gotten creamed. It is down 26% YTD but GRT is

[Defiance2050]

You're right on industrial Reits taking a hit. However it is all Real Estate that is down. Majority of Apartment and Industrial have both low leverage, and a significant majority of debt is low fixed rates for 3 to 5 years duration. Inflation that supposedly is positive for REITs hasn't been. Definately a disconnect between private markets that still want these properties and the stock