12:09:28 EST Fri 20 Feb 2026
Enter Symbol
or Name
USA
CA



Dream Industrial Real Estate Investment Trust
Symbol DIR
Shares Issued 287,515,755
Close 2026-02-19 C$ 13.20
Market Cap C$ 3,795,207,966
Recent Sedar+ Documents

Globe says Dream Industrial REIT maintained at "buy"

2026-02-20 06:55 ET - In the News

The Globe and Mail reports in its Friday that Desjardins Securities analyst Kyle Stanley has reaffirmed his "buy" recommendation Dream Industrial REIT. The Globe's Darcy Keith writes that Mr. Stanley boosted his unit target by a loonie to $15.50. Analysts on average target the units at $14.95. Mr. Stanley believes that a long-awaited "positive inflection" in market rents is nearing for Dream Industrial. The quarterly results were highlighted by 8.4-per-cent growth in same property net operating income, the best since 2023. Mr. Stanley says in a note: "Dream Industrial delivered a solid year on the leasing front in 2025 with 7.4msf of leases signed at a 20-per-cent spread (2.1msf in Q4 at a 14-per-cent spread). With 6msf of positive absorption in Q4, an expected 33-per-cent decline in new supply deliveries, significant preleasing activity and 40msf of active space requirements in the market nationally, the leasing set-up for 2026 appears robust. With peak market vacancy in view, management expects the long-awaited inflection in market rents in 2026. More specifically, rental rate growth is likely to turn positive in Western Canada first, with the GTA and GMA to follow, with small- to mid-bay space benefiting first."

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