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Dream-led venture with Singapore’s GIC expands Alberta industrial footprint

REIT targets mid-bay urban industrial assets in latest Calgary purchase as it scales last-mile logistics platform
Slate Asset Management sold this industrial property at 4707-5025 52 Ave. SE in Calgary to a joint venture of Dream Industrial REIT and Singapore’s sovereign wealth fund, as part of a three-property portfolio sale. (CoStar)
Slate Asset Management sold this industrial property at 4707-5025 52 Ave. SE in Calgary to a joint venture of Dream Industrial REIT and Singapore’s sovereign wealth fund, as part of a three-property portfolio sale. (CoStar)

A Canadian real estate investment trust, in a joint venture with Singapore’s sovereign wealth fund, has expanded its industrial footprint in Alberta with the acquisition of 618,246 square feet of warehouse space in southeast Calgary.

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