Dream Industrial Real Estate Investment Trust
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alexander Sannikov
- Full Time Employees
- 108
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Address
- 30 Adelaide Street East, Suite 301 Toronto ON Canada M5C 3H1
- IPO Date
- Feb 7, 2013
- Website
- dreamindustrialreit.ca
- Similar Companies
- Business
- Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust that owns, manages, and operates a global portfolio of well-located, high-quality industrial properties. Its core offerings include the ownership, leasing, management, and development of state-of-the-art urban logistics and distribution industrial assets. The Trust's portfolio comprises approximately 340 industrial assets spanning 552 buildings, totaling around 73.2 million square feet of gross leasable area distributed across key markets in Canada, Europe, and the United States. Its services extend to property management and leasing fee income derived from both owned properties and third-party managed assets. Founded in 2011 and headquartered in Toronto, Canada, Dream Industrial focuses on delivering stable and sustainable cash distributions alongside growth in net asset value and cash flow per unit, supported by a high-quality portfolio and investment-grade balance sheet. Recent major company developments include a significant credit rating upgrade to BBB (high) from Morningstar DBRS, enhancing the Trust's cost of borrowing across its $750 million unsecured syndicated credit facility, $250 million US unsecured term loan, and €153 million European term loan, expected to boost annualized funds from operations per unit. In 2024 and early 2025, Dream Industrial completed over $662 million in acquisitions in its private ventures, adding more than 1.8 million square feet of gross leasable area, alongside several key development projects with an average unlevered yield on cost of 6.3%. Additionally, the Trust formed a strategic joint venture with GIC, a sovereign wealth fund, to acquire Summit Industrial Income REIT in a $5.9 billion all-cash transaction, expanding its Canadian industrial footprint and fee generation platform. In 2025, Dream Industrial closed a private placement of senior unsecured debentures and entered into currency interest rate swap arrangements to optimize financing costs. Furthermore, the appointment of a new Chief Operating Officer in late 2025 reinforced its operational focus on portfolio management and leasing.
Dream Industrial REIT Announces June 2026 Monthly Distribution
Dream Industrial REIT Announces Voting Results of Annual and Special Meeting of Unitholders
Dream Industrial REIT Announces May 2026 Monthly Distribution
Dream Industrial Real Estate Investment Trust (DIR.UN:CA) Q1 2026 Earnings Call Transcript
Dream Industrial REIT Reports Q1 2026 Results With 9% Comparative Properties Net Operating Income and 7% Net Rental Income Growth
Dream Industrial Real Estate Investment Trust Completes Offering of C$200 Million Senior Unsecured Debentures, Series H
Dream Industrial REIT Q1 2026 Financial Results Release Date, Webcast and Conference Call
Dream Industrial Real Estate Investment Trust Announces Offering of C$200 Million Senior Unsecured Debentures, Series H
Dream Industrial REIT Announces March 2026 Monthly Distribution
Dream Industrial REIT Renews Normal Course Issuer Bid and Automatic Securities Purchase Plan
Dream Industrial Real Estate Investment Trust (DIR.UN:CA) Q4 2025 Earnings Call Transcript
Dream Industrial REIT Announces February 2026 Monthly Distribution
Dream Industrial REIT Reports Strong Q4 2025 and Year-End Financial Results
Dream Industrial REIT Q4 2025 Financial Results Release Date, Webcast and Conference Call
Dream Industrial REIT Announces January 2026 Monthly Distribution
Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Shares Up 0.2% – Time to Buy?
Dream Industrial: Undervalued With Solid Growth Outlook
Dream Industrial REIT Announces December 2025 Monthly Distribution and Suspension of DRIP
Dream Industrial REIT Announces Strategic Partnership With CPP Investments and $805 Million Portfolio Recapitalization
CPP Investments, Dream Industrial REIT, and Dream Asset Management Corporation Form $3 Billion Joint Venture for Canadian Industrial Assets