Capital Markets

Dream Industrial REIT (formerly Dundee Industrial REIT) on its $155 million IPO and purchase of industrial portfolios

Dream Industrial REIT
Key Contact
Douglas Marshall

Partner, Corporate, Toronto

Team
Desmond Lee

Partner, Corporate, Toronto

Stella Di Cresce

Partner, Real Estate, Toronto

On October 4, 2012, Dream Industrial REIT (then known as Dundee Industrial REIT) completed its initial public offering for gross proceeds of $155 million and listing on the Toronto Stock Exchange. The proceeds of the offering were used to purchase two industrial portfolios across Canada for a purchase price of approximately $575 million and $159 million, respectively.

Osler, Hoskin & Harcourt LLP represented Dream Industrial REIT with a team consisting of Doug Marshall, Desmond Lee (Corporate) and Stella Di Cresce (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

Stella Di Cresce

Partner, Real Estate, Toronto