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Dream Industrial to Pour $465 Million Into US, Europe, Canada to Tap E-Commerce Demand

Toronto-Based REIT Says Agreements Would Add 20 Buildings; $112 Million in Deals Already Closed
A Dream Industrial REIT property in Calgary, Alberta. (CoStar)
A Dream Industrial REIT property in Calgary, Alberta. (CoStar)
CoStar News
January 21, 2021 | 5:31 P.M.

Dream Industrial REIT is ready to add about $465 million in assets to its portfolio across Canada, Europe and the United States and plans to tap capital markets to raise $225 million, taking an international approach to try to benefit as the global pandemic keeps boosting e-commerce and related property demand.

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