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Bullboard - Stock Discussion Forum Dream Industrial Real Estate Investment Trust DREUF


Primary Symbol: T.DIR.UN

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 339 assets totaling approximately 71.9 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... see more

TSX:DIR.UN - Post Discussion

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Post by retiredcf on Apr 07, 2024 1:39pm

Comparison

Disclosure: I own them both. GLTA

If only one of these two Industrial REITs could be owned, which one would you choose and why? 

Both are similar in size and have similar forward expected growth rates. GRT.UN has a slightly higher 10-year total return than DIR.UN and net profit margin, however, DIR.UN has a marginally better free cash flow yield. Both are valued quite similarly, but DIR.UN offers a higher yield of 5.4% vs. GRT.UN at 4.4%. For potential upside, we give DIR.UN the slight edge due to its smaller size, and slightly better forward growth estimates, however, for a more balanced approach, we feel that GRT.UN has proven itself to be a robust company. (5iResearch)
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