TSX:DIR.UN - Post by User
Post by
retiredcfon Apr 02, 2024 6:34am
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Post# 35964391
Stockchase Insights
Stockchase Insights BUY
Dream Industrial REIT(DIR.UN-T)
01/04/2024
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
DIR.UN has a portfolio of 327 industrial assets, it has a 96% occupancy rate, a 5.4% yield, 10% FFO year-over-year growth rate, forward sales and earnings growth estimates are strong, and its FFO/debt ratio has been climbing over the past few years. We continue to like industrial REITs due to long-term tailwinds such as increased demand for data centers and the AI theme. We would be comfortable buying DIR.UN here for a long-term hold. We like its current price in the low $13s.
REAL ESTATE
$13.130