The Globe and Mail reports in its Tuesday, July 15, edition that including dividend-paying stocks in an investment strategy is important, especially for those nearing retirement. The Globe's guest columnist Brian Donovan writes in the Number Cruncher column that real estate investment trusts (REITs), which are low-beta and interest-rate-sensitive, are a solid choice for many portfolios. Mr. Donovan recommends Dream Industrial Real Estate Investment Trust. This REIT has industrial properties in key markets across Canada, Europe and the U.S. Dream's portfolio consists of 336 industrial assets (549 buildings) that total approximately 72.6 million square feet of gross leasable area. "We show upside to Dream -- again driven by the adjusted book value." The Globe reported on April 24 that Raymond James analyst Brad Sturges had upgraded his call for Dream Industrial REIT to "strong buy" from "outperform." The units could then be had for $10.48. The Globe reported on May 13 that RBC Capital Markets analyst Pammi Bir was sticking with his "outperform" recommendation for Dream Industrial REIT. The units were then going for $10.55.
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