Strong Financial Performance
Dream Industrial REIT reported a 4.3% year-over-year FFO per unit growth and a 6.4% comparative properties NOI growth, driven by a 7.6% increase in in-place rents.
High Occupancy and Leasing Success
The REIT increased in-place occupancy by 40 basis points to 94.5% and leased over 250,000 square feet of vacancies and newly completed developments.
Robust Capital Recycling
Completed the sale of 2 nonstrategic assets, with approximately $150 million of potential dispositions underway to enhance portfolio quality.
Successful Acquisitions
Acquired a 130,000 square foot asset in Germany and a 90,000 square foot urban logistics asset in the Netherlands, both delivering yields over 8%.
Solar and Data Center Initiatives
Progressed solar program with 5 new projects and advanced power capacity upgrades at select properties for data center uses.
Strong Financial Liquidity
Ended Q3 with over $828 million in total available liquidity and effectively addressed approximately 70% of 2025 debt maturities.