Brief: Dream Industrial REIT And Dream Unlimited Corp. Establish $1.5 Billion GTA Development Joint Venture With A Global Institutional Investor

DREAM Unlimited

28/04/2022 23:23

April 28 (Reuters) - Dream Industrial Real Estate Investment
Trust  DIR_u.TO :
    * DREAM INDUSTRIAL REIT AND DREAM UNLIMITED CORP. ESTABLISH
$1.5
BILLION GTA DEVELOPMENT JOINT VENTURE WITH A GLOBAL
INSTITUTIONAL INVESTOR
    * DREAM UNLIMITED -  JV WILL TARGET TO BUY $500 MILLION OF
DEVELOPMENT SITES IN GREATER TORONTO AREA, OTHER SELECT MARKETS
IN GREATER GOLDEN HORSESHOE AREA
    * DREAM UNLIMITED CORP - PARTNER WILL COMMIT TO A 75%
OWNERSHIP
INTEREST IN JOINT VENTURE
    * DREAM UNLIMITED CORP -  DREAM INDUSTRIAL REIT MAINTAINING
A 25%
OWNERSHIP INTEREST IN JV

Source text for Eikon:  ID:nBw7KZ0Yna 
Further company coverage:  DIR_u.TO 

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