CA - Dream Industrial: 5.5% Yielder Nearing Our Buy Point

2024-05-05 10:00:00 ET

Summary

• Dream Industrial REIT holds a portfolio of 327 industrial properties spanning 71.4 million square feet in Canada, Europe, and the US.
• The REIT offers a monthly distribution of 5.83 cents, resulting in a yield of 5.51% on the current price.
• We tell you why we own it and why we favor two other REITs over this one.

All values are in CAD unless noted otherwise.

Dream Industrial Real Estate Investment Trust ( DIR.UN:CA ) ( DREUF ) holds a portfolio of 327 industrial properties located in Canada, Europe and the US. These properties span around 71.4 million square feet and comprise distribution, urban logistics buildings and light industrial structures....

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