Dream Industrial REIT is a national pure-play industrial REIT that owns high-quality light industrial properties across Canada.

Our Objectives

We are committed to:

  • creating better communities for Canadians to work in;
  • providing growing cash flow, and stable and sustainable returns;
  • building and maintaining a diversified and growth-oriented portfolio;
  • providing predictable, sustainable cash distributions on a tax-efficient basis;
  • capitalizing on internal growth, seeking accretive acquisition opportunities; and
  • maintaining a REIT that satisfies the REIT exception.

Our Strategy

Dream Industrial REIT’s core strategy is to grow our portfolio of light industrial properties across Canada, providing a solid platform for stable and growing cash flows by:

  • optimizing the performance, value and cash flow from our portfolio;
  • maintaining and strengthening our conservative financial profile;
  • growing and diversifying our portfolio to reduce risk; and
  • seeking accretive growth opportunities.

Property Management

Dream Industrial Management Corp. provides real estate services – including property management and leasing – to properties owned by Dream Industrial REIT.

Learn more about Dream Industrial Management


Asset Manager

Dream Industrial REIT is managed by Dream Asset Management Corp. (“Dream”), one of Canada’s leading real estate companies with over 1,000 employees and $15.0 billion of assets under management in North America and Europe.

expand-iconDream Overview Chart Web - Simple


Dream provides asset management services for four TSX listed funds:

Dream Office REIT – Canada’s largest office REIT;

Dream Global REIT – the first Canadian REIT to invest exclusively outside Canada;

Dream Industrial REIT – Canada’s largest pure-play industrial REIT; and

Dream Alternatives Trust – providing investors the opportunity to access hard asset alternative investments.

Dream’s operating businesses include:

Homes by Dream – an award winning home and condominium developer;

Dream Development – Canada’s largest residential developer with ~10,000 acres of land;

Dream Centres – focused on developing retail shopping destinations in our residential communities; and

Renewable Power – we invest in renewable energy infrastructure.


For a complete overview of the asset manager, please see our Dream brochure.

Management Team

Our team is made up of the industry’s smartest, most dedicated, knowledgeable and experienced real estate investment, portfolio management and financial professionals that have a proven track record of creating value.

Brent Chapman
Brent ChapmanChief Executive Officer
Lenis Quan
Lenis QuanChief Financial Officer
Joe Iadeluca
Joe IadelucaSenior Vice President, Portfolio Management
Phillips, Ash_for web
Ashley PhillipsVice President, Portfolio Management
Nick StrylandVice President, Portfolio Management
Brent Chapman
Mr. Brent Chapman is the President and Chief Executive Officer of Dream Industrial REIT with over 28 years of experience across all facets of the real estate industry. Prior to joining Dream, Mr. Chapman was a Managing Director for Guardian Capital Real Estate. Prior to being with Guardian, Mr. Chapman was President and CEO of GPM Investment Management and a director of Integrated Asset Management, the parent company of GPM. His career includes holding various senior positions in asset management, leasing, property management, acquisitions, financing and development with Oxford Properties and Talisker Corporation. Brent holds a Bachelor of Business Administration (Finance) and a Masters in Business Administration (Marketing) both from the University of Notre Dame.
Lenis Quan
Ms. Lenis Quan is the Chief Financial Officer of Dream Industrial REIT with over fifteen years of executive experience. Prior to joining Dream, Ms. Quan was the Chief Financial Officer of Gazit America, a publicly traded real estate investment company which was privatized.  Prior to being with Gazit America, Ms. Quan worked at Brookfield Asset Management for approximately ten years in a number of progressive executive finance positions.  Lenis is a Chartered Professional Accountant and started her professional career with Deloitte.
Joe Iadeluca
Mr. Joe Iadeluca is the Senior Vice President, Portfolio Management for Dream Industrial REIT, Central/Eastern Canada. Prior to joining the company he was Director of Quebec Equity Operations for GE Capital Real Estate for 5.5 years. Prior to that, Mr. Iadeluca worked for Dundee Realty Management Corp. as Senior Vice-President of Quebec for 10 years until the sale of Dream Office REIT’s Eastern Canada Portfolio to GE Real Estate in 2007. During his career, Mr. Iadeluca has worked for major Canadian Real Estate companies in various property and asset management capacities. Mr. Iadeluca obtained a Bachelor of Education degree from McGill University and a Master’s of Science degree from the University of Montreal.
Phillips, Ash_for web

Mr. Ashley Phillips is the Vice President, Portfolio Management for Dream Industrial REIT, Eastern Canada. Prior to joining the company, Mr. Phillips was Executive Vice President and Chief Operating Officer of CANMARC REIT where he played an instrumental role in the company’s IPO, as well as helping to grow the asset base from $1B to $1.9B and delivering an 82% return to unitholders in 2 years.  Throughout his tenure with Homburg Canada, Mr. Phillips gained experience in most major markets across Canada, including 8 years in Calgary. His career spans more than 20 years and includes various progressive positions in property management, leasing, construction, acquisitions and dispositions.  Ashley earned his Economics Degree from Acadia University and the RPA designations from BOMA International.

Mr. Nicholas Stryland is Vice President, Portfolio Management, Central Region for Dream Industrial REIT. Prior to joining Dream, Mr. Stryland was Director of Leasing with Orlando Corporation for seven years, responsible for the leasing of its 40 million square feet of Office, Industrial, Retail and Development Lands. Prior to that, Mr. Stryland worked for Canadian Real Estate Investment Trust, Colliers International, and Cushman & Wakefield in various Leasing, Property Management, Construction, Development and Acquisition roles. Mr. Stryland has a BBA from York University, and is currently completing his EMBA with a specialty in Real Estate Leadership with the Sandermoen School of Business, University of Fredericton.



Dream Industrial REIT is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but also to uphold the spirit of “good corporate governance” and we always strive to communicate in an open, honest and transparent manner.

Board of Trustees

IndependentAudit CommitteeGovernance, Compensation & Environmental CommitteeExecutive Committee
Michael J. CooperChair
Robert GoodallY
Johann KossYMember
J. Michael KnowltonYMember
Ben MulroneyYChair
Leerom SegalYMember
Vincenza SeraYMember
Sheldon WisemanYChair
Michael Cooper
Michael J. Cooper
Rob Goodall
Robert Goodall
Johanne Koss
Johann Koss
J. Michael Knowlton
Ben Mulroney
Ben Mulroney
Leerom Segal
Leerom Segal
Vincenza Sera
Vincenza Sera
Sheldon Wiseman
Sheldon Wiseman
Michael Cooper
Mr. Michael J. Cooper is the President and Chief Responsible Officer of Dream Unlimited Corp. (“Dream”) and founder of Dream Asset Management Corporation (“DAM”), the asset manager of Dream Industrial REIT, the REIT’s asset manager.  He has an extensive track record in the real estate industry dating back to 1986. He is also the Chairman of Dream Office REIT. He helped found DAM (formerly Dundee Realty Corporation) in 1996. Under his leadership, the business has grown to $15 billion of commercial real estate, residential land and housing development and renewable energy infrastructure assets under management. Among his accomplishments, Mr. Cooper is responsible for the formation of four TSX-listed investment trusts: Dream Office REIT, Canada’s largest office REIT; Dream Global REIT, a Canadian REIT investing in commercial real estate assets exclusively outside of Canada; Dream Industrial REIT, a pure-play industrial REIT in Canada; and, most recently, the formation of Dream Hard Asset Alternatives Trust (“Dream Alternatives”), a mutual fund trust focused on hard asset alternative investments. He earned a Bachelor of Laws degree from the University of Western Ontario and a Master of Business Administration from York University.  Mr. Cooper currently sits on the board of directors of Dream Unlimited Corp., Dream Alternatives, Dream Global REIT, Dream Industrial REIT, Dream Office REIT, EL Financial Ltd., and Real Property Association of Canada (“REALpac”).
Rob Goodall
Mr. Robert Goodall is the President and founder of Canadian Mortgage Capital Corporation (“CMCC”), a major mortgage brokerage company with well-established lending and mortgage servicing operations. CMCC’s head office is in downtown Toronto, and the company has branch offices in Ottawa, Calgary, Edmonton and Vancouver. Mr. Goodall is also CEO of Atrium Mortgage Investment Corporation, a major non-bank lender, which has assets of approximately $535 million and is publicly traded on the TSX under the symbol ‘AI’. For the fifteen year period from 1996 to 2011, CMCC arranged financing on over $6 billion of real estate in Ontario. From 1997-1999, CMCC also had the exclusive mandate to originate mortgages, and manage the existing mortgage portfolio of a Toronto based trust company. Prior to founding CMCC, Mr. Goodall spent seven years with Royal Trust, where the last three years were served as National Managing Director of the Real Estate Finance Group for a portfolio of $1.4 billion in commercial and multi-residential real estate loans. The Real Estate Finance Group had offices in Toronto, Montreal and western Canada. Mr. Goodall is a trustee of Dream Office REIT and Dream Industrial REIT, and director of a registered charity, Jump Math. Mr. Goodall has an HBA from the Ivey Business School, and an MBA from the Schulich School of Business.
Johanne Koss
Mr. Johann Koss is the founder of Right To Play, a global organization that uses the transformative power of play - playing sports, playing games - to educate and empower children facing adversity. He is a Norwegian speed-skating legend who made world headlines when he won three Gold Medals at the 1994 Lillehammer Olympic Games, breaking a total of 10 world records over the course of his career. Mr. Koss donated a large portion of his winnings to Olympic Aid, a fundraising organization created at Lillehammer, and challenged the Norwegian people to support him in this cause by donating to Olympic Aid. After witnessing the potential of sport to effect change in the lives of children, Mr. Koss founded Right To Play in 2000 and has pioneered the Sport for Development movement worldwide. Mr. Koss has won numerous accolades, including honorary doctorates from the University of Calgary and Brock University, and was named “One of 100 Future Leaders of Tomorrow” by TIME Magazine and a Young Global Leader by the World Economic Forum. Mr. Koss completed his undergraduate medical training at the University of Queensland, and completed his executive MBA at the Joseph L. Rotman School of Management, University of Toronto. Recently Mr. Koss completed the ICD-Rotman Directors Education Program. He currently serves on the board of trustees of Dream Global REIT, Dream Industrial REIT and medical simulation device company Mentice. In 2015 Johann completed his directorship at Gates Corporation when sold to Blackstone for 5,2 Billion USD and 2016 Secunda Canada, an offshore supply vessel company, when sold to Siems Norway. In May 2013 he completed his term serving on the board of directors at GNC Holdings, Inc. where he sat on the audit committee for two years.
Mr. Knowlton is a corporate director and has 25 years of experience in real estate. He retired from Dream Asset Management Corporation (“DAM”), the REIT’s asset manager, in 2011 where he held the position of President and Chief Operating Officer of Dundee REIT. He joined DAM in 1998, holding various positions with DAM and Dundee REIT, before becoming President of Dundee REIT in 2006. Prior to that, he worked at OMERS Realty Corp. from 1990 until 1998 as Senior Vice President and Chief Financial Officer. Mr. Knowlton also serves on the board of Crombie REIT, Tricon Capital Corp. and Dream Global REIT and is a former trustee of True North Apartment REIT and Northwest Healthcare Properties REIT. Mr. Knowlton holds a Bachelor of Science degree in Engineering and a Master of Business Administration from Queen’s University. Mr. Knowlton is qualified as a Chartered Professional Accountant and holds an ICD.D designation from the Institute of Corporate Directors.
Ben Mulroney
Mr. Ben Mulroney is a television anchor and producer and has written a nationally-syndicated column for the Sun Media Corporation, covering politics and current events. Mr. Mulroney is the anchor and producer of CTV’s flagship entertainment news program, ETALK, a position he has held since its debut 12 years ago. Mr. Mulroney graduated from Duke University in Durham, North Carolina, with a Bachelor of Arts degree in History and a focus on Political Science and earned a Bachelor of Civil Law from l’Universite Laval in Quebec City. While obtaining his law degree, Mr. Mulroney worked at a number of law firms, specifically Edelstein, Laird & Sobel, LLP in Los Angeles and Ogilvy Renault, LLP (now Norton Rose Fulbright Canada LLP), in Quebec City. He has worked as a National Ambassador for a number of charities, including the Salvation Army, UNICEF, WaterCan, and now the Cystic Fibrosis Foundation of Canada. In addition, Mr. Mulroney currently sits on the board of directors of ARHT Media, as well as various fundraising committees of Covenant House, Baycrest and the Shoebox Project for Shelters.
Leerom Segal
Mr. Leerom Segal has a 20 year track record for innovation in the digital space. He is President and Chief Executive Officer of Klick Health, a company he co-founded in 1997, in which role he is responsible for strategy, business development and public relations. Klick is the largest independent digital marketing firm in the world and was recently added to the World Economic Forum of Global Growth Companies to watch. Klick is recognized as one of the country’s 50 best managed companies, 50 best employers, and 50 fastest growing tech companies. Leerom sits on a variety of boards including the Digital Health Coalition, True Patriot Love and Artbound. An accomplished entrepreneur, Leerom launched his first company at age 12, sold his first business at age 14 and went on to become Chief Technology Officer of publicly traded Motion Works Group at age 16. Leerom is a published author and sought after speaker on technology. In 2004, Leerom was named to Profit Magazine’s Hall of Fame for being the youngest ever Chief Executive Officer of a Profit 100 company.
Vincenza Sera
Ms. Vincenza Sera is an active corporate director who currently sits on the board of Investment Management Corporation of Ontario (IMCO) which will manage over $50 billion in assets for various Ontario stakeholders. Prior to this she was Chair of the Ontario Pension Board for nine years. In addition to the public companies listed below, Ms. Sera currently sits on the Board of Directors of the Ontario Financing Authority. Ms. Sera was an investment banker with more than 25 years of experience in capital markets, corporate finance and corporate governance. She has held senior positions with National Bank Financial, First Marathon Securities and Canadian Imperial Bank of Commerce. Ms. Sera holds an MBA from the University of Toronto and is a graduate of the Directors Education Program (ICD.D).
Sheldon Wiseman
Mr. Sheldon Wiseman is the President and Chief Executive Officer of Gistex Inc., a diversified, medium-sized real estate private equity company. He has held this position since 1996. From 2013 to 2014, Mr. Wiseman served as a director of Dream Unlimited Corp.. From 2006 to 2009, Mr. Wiseman served as a trustee of InterRent Real Estate Investment Trust, a publicly traded REIT owning and managing rental apartments in Ontario. From 1996 to 1997, Mr. Wiseman was President of Dundee Realty and was involved in its start-up and establishment as a public company. From 1985 to 1996, he was the Vice President of Gistex Inc. From 1983 to 1985, he was a member of an audit team at the predecessor of PricewaterhouseCoopers, auditing real estate, manufacturing, finance and non-profit companies. He received his B.Comm from the University of Toronto in 1983 and his Chartered Accountant designation in 1985.

Read more about our Board of Trustees


Dream Industrial REIT’s Committees assist in the effective fun­c­tioning of the Board and help ensure that the views of Independent ­Trustees* are effectively represented.

The Board has established three committees:

  • Audit Committee;
  • Governance, Compensation and Environmental Committee; and
  • Executive Committee.

*Independent Trustee

A Trustee that is independent within the meaning of NI 58–101. An Independent Trustee is one who is not an employee or executive officer of Dream Industrial REIT and who is free from any direct or indirect relationship which could, in the view of the Board, be reasonably expected to interfere with independent judgment.

Read more about our Committees

Charters & Policies

Dream Industrial REIT is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but to also uphold the spirit of ‘good corporate governance.’

Read more about our Charters & Policies