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Dream Industrial Real Estate Investment Trust

Dream Industrial Real Estate Investment Trust

DREUF
Dream Industrial Real Estate Investment TrustUS flagOther OTC
9.41
USD
+0.09
- -
2.64BMarket Cap
Dream Industrial Real Estate Investment Trust
DREUF
(Other OTC)

Recent

price

9.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
2.16
2.28
2.3
2.25
2.29
1.56
1.46
1.39
1.34
1.44
1.56
1.61
1.72
1.66
Revenue per Share
- -
1.27
0.93
0.46
-0.03
0.46
1.53
1.34
1.18
2.81
2.75
0.37
0.9
0.58
0.75
Basic EPS, GAAP
- -
0.75
0.64
0.65
0.51
0.69
0.62
0.81
0.76
0.59
0.28
0.41
0.52
1.03
0.71
Free Cash Flow per Basic Share
- -
0.47
0.48
0.47
0.46
0.48
0.43
0.41
0.57
0.48
0.53
0.48
0.49
0.49
0.49
Dividend per Share
9
10.39
10.83
10.69
9.95
9.48
9.42
11.57
11.02
14.96
17.35
15.96
16.25
16.28
16.39
Book Value per Share
8
9.75
10.22
10.69
9.95
9.48
9.42
11.57
11.02
14.96
17.35
15.96
16.25
16.28
16.39
Tangible Book Value per Share
36
66
73
77
78
75
103
134
169
216
257
280
289
292
291
Basic Weighted Avg Shares
- -
143
166
177
175
172
160
195
236
290
370
438
466
504
482
Sales/Revenue/Turnover
- -
62.39
60.46
60.18
59.16
60.66
63.24
63.78
63.11
66.05
66.89
67.96
68.09
68.57
68.45
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
3
3
4
5
4
Depreciation Expense
- -
84
68
35
-3
35
158
179
200
608
706
104
260
170
218
Net Income, GAAP
- -
1.36
1.92
0.75
- -
0.37
0.86
4.57
4.16
4.74
2.69
- -
3.62
- -
2.35
Effective Tax Rate (%)
- -
58.75
40.9
19.88
-1.54
20.11
98.18
91.86
84.82
209.91
191
23.83
55.68
33.73
45.11
Profit Margin (%)
-115
-136
-158
-185
-103
-72
-107
335
73
17
-481
-570
-1,029
97
-871
Working Capital
555
728
778
751
781
776
861
953
1,131
2,019
2,137
2,549
2,110
2,683
2,355
LT Debt
326
571
629
627
591
712
989
1,560
1,905
3,499
4,453
4,575
4,731
4,792
4,784
Total Equity
- -
7.35
6.66
6.82
- -
6.81
5.7
5.28
4.97
4.18
3.87
- -
4.04
- -
4.18
Return on Invested Capital (%)
- -
10.65
7.74
5.43
- -
5.32
11.53
9.99
8.51
14.76
11.9
- -
4.39
- -
3.82
Return on Capital (%)
- -
18.72
11.34
5.61
-0.44
5.32
18.52
14.08
11.55
22.51
17.75
2.31
5.58
3.57
4.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
870
451
651
LT Borrowings
2,099
2,510
2,345
LT Finance Leases
12
10
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
291
293
292
Market Capitalization
3,448
3,317
3,438

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
169
76
85
Cash, Cash Equivalents & STI
80
36
43
Accounts Receivable, Net
10
30
30
Inventories
- -
- -
- -
Total Current Liabilities
1,198
685
956
Payables & Accruals
95
108
173
ST Debt
870
451
651
Deferred Revenue
43
31
32

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.18%
23.68%
1.28%
Free Cash Flow
26.98%
29.87%
99.56%
Net Income, GAAP
-86.69%
49.84%
-34.49%
Sales/Revenue/Turnover
11.64%
16.69%
8.16%
Total Cash Common Dividend
16.57%
8.91%
2.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
115
115
117
120
466
2025
121
125
132
- -
504
2026
130
131
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.21
0.05
- -
0.9
2025
0.16
0.16
- -
- -
0.58
2026
0.22
0.1
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.12
0.12
- -
0.49
2025
0.12
0.12
- -
- -
0.49
2026
0.17
0.17
- -
- -
- -
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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.

Company News

Company News APIChatGPT

  • businesswire.com

    Dream Industrial REIT Announces August 2026 Monthly Distribution

  • marketbeat.com

    Dream Industrial Real Estate Invest Trst Q2 Earnings Call Highlights

  • businesswire.com

    Dream Industrial REIT Reports Strong Q2 2026 Results and 2.5% Distribution Increase

  • businesswire.com

    Dream Industrial REIT Announces Entry Into U.K. Multi-Let Industrial Market and Growth of Strategic Private Ventures in Europe

  • businesswire.com

    Dream Industrial REIT Announces July 2026 Monthly Distribution

  • businesswire.com

    Dream Industrial REIT Q2 2026 Financial Results Release Date, Webcast and Conference Call

  • businesswire.com

    Dream Industrial REIT Announces June 2026 Monthly Distribution

  • businesswire.com

    Dream Industrial REIT Announces Voting Results of Annual and Special Meeting of Unitholders

  • businesswire.com

    Dream Industrial REIT Announces May 2026 Monthly Distribution

  • seekingalpha.com

    Dream Industrial Real Estate Investment Trust (DIR.UN:CA) Q1 2026 Earnings Call Transcript

  • businesswire.com

    Dream Industrial REIT Reports Q1 2026 Results With 9% Comparative Properties Net Operating Income and 7% Net Rental Income Growth

  • businesswire.com

    Dream Industrial Real Estate Investment Trust Completes Offering of C$200 Million Senior Unsecured Debentures, Series H

  • businesswire.com

    Dream Industrial REIT Q1 2026 Financial Results Release Date, Webcast and Conference Call

  • businesswire.com

    Dream Industrial Real Estate Investment Trust Announces Offering of C$200 Million Senior Unsecured Debentures, Series H

  • businesswire.com

    Dream Industrial REIT Announces March 2026 Monthly Distribution

  • businesswire.com

    Dream Industrial REIT Renews Normal Course Issuer Bid and Automatic Securities Purchase Plan

  • seekingalpha.com

    Dream Industrial Real Estate Investment Trust (DIR.UN:CA) Q4 2025 Earnings Call Transcript

  • businesswire.com

    Dream Industrial REIT Announces February 2026 Monthly Distribution

  • businesswire.com

    Dream Industrial REIT Reports Strong Q4 2025 and Year-End Financial Results

  • businesswire.com

    Dream Industrial REIT Q4 2025 Financial Results Release Date, Webcast and Conference Call