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home / news releases / CA - Dream Industrial: Rent Growth Still Cruising But We're Still Snoozing

CA - Dream Industrial: Rent Growth Still Cruising But We're Still Snoozing

CA Inc.

2024-02-24 03:12:52 ET

Summary

  • Dream Industrial REIT's Q4 earnings showed strong rent growth and resilient occupancy, but its valuation remains high.
  • Occupancy remained stable except for declines in Ontario and Europe, which are expected to be backfilled quickly at higher rates.
  • Trading roughly in line with our NAVPU estimate, we do not see an attractive margin of safety right now and maintain our Hold rating.

Summary

For further details see:

Dream Industrial: Rent Growth Still Cruising, But We're Still Snoozing
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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