Dream Industrial updates $1B of acquisition, investment activity

RENX, March 4, 2022

Dream Industrial REIT has released an update that outlines over $1 billion in investment and development activity currently in its pipeline, as well as an equity offering which could raise up to $230 million.

The update says Dream (DIR-UN-T) is in “exclusive and advanced negotiation” to acquire $469 million in industrial assets and land in Canada, Germany and the Netherlands. In addition, it is bidding on up to $350 million in additional properties. READ MORE >>