This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated.
TORONTO, May 07, 2024–(BUSINESS WIRE)–Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) or (the “Trust” or “Dream Industrial REIT” or “Dream Industrial” or “we” or “us”) today announced its financial results for the three months ended March 31, 2024. Management will host a conference call to discuss the financial results on May 8, 2024 at 11:00 a.m. (ET).
HIGHLIGHTS
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Diluted funds from operations (“FFO”) per Unit(1) was $0.24 in Q1 2024. Excluding $1.1 million of lease termination income received in the prior year comparative quarter, FFO per unit in Q1 2024 was relatively unchanged year-over-year.
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Comparative…
