TORONTO and SINGAPORE, Feb. 17, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN), GIC and Dream Industrial REIT (“DIR”) (TSX: DIR.UN) today announced the closing of the previously-announced transaction pursuant to which a joint venture (the “Joint Venture”) between GIC and DIR acquired Summit in an all-cash transaction valued at C$5.9… [Read More]
DREAM INDUSTRIAL REIT ANNOUNCES THE FORMATION OF CANADIAN INDUSTRIAL REAL ESTATE JOINT VENTURE IN PARTNERSHIP WITH GIC AND ACQUISITION OF SUMMIT INDUSTRIAL INCOME REIT
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated. Transaction Highlights Dream Industrial REIT has partnered with GIC to acquire Summit Industrial Income REIT in… [Read More]
SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION
Transaction Highlights GIC and Dream Industrial REIT to acquire Summit Industrial Income REIT in an all-cash transaction Summit unitholders to receive cash consideration of $23.50 per unit by way of a special distribution and a redemption of units After receiving the unanimous recommendation of the special committee of the Board of Trustees of Summit, composed… [Read More]
Dream Industrial REIT Opens the Market
TORONTO , Sept. 26, 2022 /CNW/ – Brian Pauls, Chief Executive Officer, Dream Industrial Real Estate Investment Trust (“Dream Industrial REIT” or the “REIT”) (TSX: DIR.UN) and his team joined Tanya Rowntree, Global Head of Client Success, Toronto Stock Exchange (TSX), to celebrate the company’s ten year anniversary on TSX and to open the market. Dream… [Read More]
Dream Industrial REIT Announces US$103 Million Acquisition, $75 Million Public Offering of Units and $26 Million Private Placements; Will Also Repay 6.75% Convertible Debentures on Maturity
TORONTO, ONTARIO–(Marketwired – Nov. 9, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this news release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) (“Dream… [Read More]
Dream Industrial REIT Delivers Strong Q3 2017 Results, 96.7% Occupancy and 81.8% Tenant Retention Ratio
TORONTO, ONTARIO–(Marketwired – Nov. 7, 2017) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three and nine months ended September 30, 2017…. [Read More]
Dream Industrial REIT Announces First U.S. Asset Acquisition and Updates Strategy to Increase Unitholder Value With Acquisitions and Developments of Unique Properties
This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release TORONTO, ONTARIO–(Marketwired – July 24, 2017) – Editors Note: There are two photos associated with this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) (“we” or “the Trust”)… [Read More]
Dream Industrial REIT July 2017 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – July 20, 2017) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its July 2017 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The July distribution will be payable on August 15, 2017 to unitholders of record as at July 31, 2017. Dream Industrial REIT is an unincorporated, open-ended… [Read More]
Dream Industrial REIT Q2 2017 Financial Results Release Date, Webcast and Conference Call
TORONTO, ONTARIO–(Marketwired – July 18, 2017) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) will be releasing its financial results for the quarter ended June 30, 2017, on Tuesday, August 8, 2017. Senior management will be hosting a conference call to discuss the financial results. Conference call: Date: Wednesday, August 9, 2017 at 2:00 p.m. (ET) Dial: For… [Read More]
Dream Industrial REIT June 2017 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – June 21, 2017) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its June 2017 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The June distribution will be payable on July 15, 2017 to unitholders of record as at June 30, 2017. Dream Industrial REIT is an unincorporated, open-ended… [Read More]
Dream Industrial REIT May 2017 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – May 19, 2017) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its May 2017 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The May distribution will be payable on June 15, 2017 to unitholders of record as at May 31, 2017. Dream Industrial REIT is an unincorporated, open-ended… [Read More]
Dream Industrial REIT Announces Voting Results for Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 2, 2017) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) announced that, at its annual general meeting held today, all of the nominees for election as trustees of Dream Industrial REIT referred to in its management information circular for the meeting were elected by acclamation. If a ballot vote had been taken, based solely… [Read More]
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