Capital Markets

Dream Industrial REIT in its $155 million IPO

Dream Industrial REIT
Key Contact
Douglas Marshall

Partner, Corporate, Toronto

Team
Desmond Lee

Partner, Corporate, Toronto

On October 4, 2012, Dream Industrial REIT (formerly known as “Dundee Industrial REIT”) completed its initial public offering of 15,500,000 Units for gross proceeds of $155 million. The proceeds of the offering were used to fund the purchase of two industrial portfolios across Canada for a purchase price of approximately $575 million and $159 million, respectively.

Osler, Hoskin & Harcourt LLP represented Dundee Industrial REIT with a team consisting of Doug Marshall, Desmond Lee (Corporate), George Valentini, Stella Di Cresce and Ryan Nielsen (Real Estate).

Value
$155 million
Date Closed
October 4, 2012
Lead Office
Toronto
Key Contact
Douglas Marshall

Partner, Corporate, Toronto

Team
Desmond Lee

Partner, Corporate, Toronto