Professional
Added to YB: 2024-11-22
Pitch date: 2024-11-21
DIR-UN.TO [bullish]
Dream Industrial Real Estate Investment Trust
+1.78%
current return
Author Info
No bio for this author
Company Info
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.
Market Cap
CAD 3.5B
Pitch Price
CAD 11.91
Price Target
18.00 (+49%)
Dividend
5.50%
EV/EBITDA
18.97
P/E
24.95
EV/Sales
13.35
Sector
Industrial REITs
Category
value
Generation PMCA New Position: Dream Industrial Real Estate Investment Trust
DIR-UN.TO: Industrial REIT w/ Canadian & European properties. Potential upside from higher rents on lease renewals. Diversified, stable tenant base. Trades at 5.1% yield, below $18 FMV estimate. OTC ticker: DREUF.
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