TSX:DIR.UNIndustrial REITs
Did FFO Growth Amid Higher Refinancing Costs Just Shift Dream Industrial REIT's (TSX:DIR.UN) Investment Narrative?
In early 2026, Dream Industrial REIT reported that its 2025 funds from operations per unit rose 5%, with fourth-quarter rental and net operating income up 6%, even after refinancing over $800 million of debt at higher interest rates.
The REIT also highlighted 96.2% occupancy across its diversified Canadian, U.S., and European industrial portfolio and confirmed a February 2026 dividend implying an annualized yield around 5.5%, underpinned by ancillary revenue growth, development...