Commercial Real Estate

Dream Industrial REIT on its $498.5 million acquisition of a national industrial portfolio from KingSett Capital

Dream Industrial REIT
Team
Ryan Nielsen

Partner, Real Estate, Toronto

Desmond Lee

Partner, Corporate, Toronto

Stella Di Cresce

Partner, Real Estate, Toronto

Amelia Miao

Partner, Corporate, Toronto

 

On December 19, 2012, Dream Industrial REIT (formerly known as "Dundee Industrial REIT") announced the completion of its acquisition of a national portfolio of industrial properties from KingSett Capital for approximately $498.5 million.

The portfolio comprises of 79 industrial properties with a total of 5.3 million square feet of gross leaseable area in Calgary, Halifax, Greater Toronto Area and Greater Montreal Area.

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

Value
$498.5 million
Date Closed
December 19, 2012
Lead Office
Toronto
Team
Ryan Nielsen

Partner, Real Estate, Toronto

Desmond Lee

Partner, Corporate, Toronto

Stella Di Cresce

Partner, Real Estate, Toronto

Amelia Miao

Partner, Corporate, Toronto