On August 13, 2014, Dream Industrial REIT announced the acquisition of a 1.35 million square foot industrial portfolio scheduled to close in September 2014. Click here to download a pdf document with an overview of the properties. Click here to view the press release announcing the acquisition.
Dream Industrial REIT (TSX: DIR.UN) is a national pure-play industrial REIT. Our portfolio is primarily made up of high-quality light industrial properties comprising approximately 15.6 million square feet of gross leasable area located in primary and secondary markets across Canada.
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We’ve been around since 2012, dedicated to building a national pure-play portfolio of light industrial properties in key markets across Canada and creating stable and predictable cash flows for our investors. Just a few years later, we’re happy to announce that we’re moving into a new and exciting time in our business and, effective May 5, 2014, our name will be changed to Dream Industrial REIT.
We believe the change will bring clarity to our story and aligns our efforts around one core belief: that creating better communities for Canadians to work in will result in a better investment for our unitholders. This sums up what we do and why we do it and has been such an integral part of our culture, our work and our objective’s since the beginning.