OVERVIEW
INVESTMENT OPPORTUNITY
TEAM
RESOURCES

Durum Industrial REIT

OVERVIEW

Durum Industrial REIT is a real estate investment trust (“REIT”) with assets worth $64.8 Million CDN as at April 30, 2019. The investment portfolio is currently comprised of 10 industrial properties.

Formed in January of 2017,  investors have the opportunity to share in the income produced by industrial real estate investments without buying or financing the properties themselves.

Management adds value by acquiring attractive industrial assets and implementing strategic initiatives, such as lowering the cost of capital. This approach supports the intended quarterly distributions, and creates potential for long-term capital growth.

Distributions to investors began in June of 2017 and have continued on a quarterly basis.

The REIT is managed by Ian J. MacKay. 

PROPERTY PORTFOLIO HIGHLIGHTS
JANUARY 2017 (INCEPTION) AS OF APRIL 30, 2019
3 Initial Properties Identified for Acquisition 10 Properties Acquired
50.96 Total Acres of Land 86.02 Total Acres of Land
76,893 sq.ft. Leasable Building Space 229,410 sq.ft. Leasable Building Space
$24.3 Million Total Asset Value $64.8 Million Total Asset Value
$1.9 Million Annual Rental Revenue $4.5 Million Annual Rental Revenue

For more information on the project and long term business objectives, refer to the Offering Memorandum dated April 30, 2019.