Dream Industrial REIT is a national pure-play industrial REIT that owns high-quality light industrial properties across Canada.
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.
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.
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
Dream Industrial REIT is managed by Dream Asset Management Corp. (“Dream”), one of Canada’s leading real estate companies with approximately 800 employees and $14.0 billion of assets under management in North America and Europe.
Dream provides asset management services for four TSX listed funds:
Dream Office REIT – Canadian 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.
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.
Mr. Brian Pauls is the Chief Executive Officer of Dream Industrial REIT. Mr. Pauls also serves as the President of PAULS Corp LLC. He is an accomplished real estate professional with 23 years of industry experience, and was responsible for developing over eight million square feet of industrial properties in Canada and the U.S. He is well known on both sides of the border among the brokerage, banking, tenant and construction communities. Mr. Pauls has managed mixed-use real estate development through his role as President of PAULS Properties Corporation (the Canadian development company of PAULS), as well as President of Gateway Business Park, LLC (a 1,200-acre mixed-use business park in Denver, Colorado). Mr. Pauls has a Bachelors degree in Economics and Business from Westmont College and a Masters degree in Real Estate and Construction Management from the University of Denver.
Mr. Ashley Phillips is the Vice President, Portfolio Management for Dream Industrial REIT, Eastern Canada. Prior to joining Dream, 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 two years. Throughout his tenure with Homburg Canada, Mr. Phillips gained experience in most major markets across Canada, including eight years in Calgary. His career spans more than 25 years and includes various progressive positions in property management, leasing, construction, acquisitions and dispositions. Mr. Phillips earned his Economics Degree from Acadia University and the RPA designations from BOMA International.
|Independent||Audit Committee||Governance, Compensation & Environmental Committee||Executive Committee|
|Michael J. Cooper||Chair|
|J. Michael Knowlton||Y||Member||Member|
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.
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
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 & Declaration of Trust