Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) vs. ESR-LOGOS REIT (OTC:CGIUF) Head-To-Head Analysis

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) and ESR-LOGOS REIT (OTC:CGIUF) are both real estate companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, earnings, profitability, dividends, risk, institutional ownership and analyst recommendations.

Dividends

Dream Industrial Real Estate Investment Trust pays an annual dividend of $0.70 per share and has a dividend yield of 7.8%. ESR-LOGOS REIT pays an annual dividend of C$0.05 per share and has a dividend yield of 2.5%. Dream Industrial Real Estate Investment Trust pays out 68.7% of its earnings in the form of a dividend. ESR-LOGOS REIT pays out 123.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Dream Industrial Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Insider and Institutional Ownership

46.3% of Dream Industrial Real Estate Investment Trust shares are held by institutional investors. Comparatively, 10.4% of ESR-LOGOS REIT shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings for Dream Industrial Real Estate Investment Trust and ESR-LOGOS REIT, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Dream Industrial Real Estate Investment Trust	0	0	2	1	3.33
ESR-LOGOS REIT	0	0	0	0	0.00

Profitability

This table compares Dream Industrial Real Estate Investment Trust and ESR-LOGOS REIT’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Dream Industrial Real Estate Investment Trust	N/A	N/A	N/A
ESR-LOGOS REIT	N/A	N/A	N/A

Earnings and Valuation

This table compares Dream Industrial Real Estate Investment Trust and ESR-LOGOS REIT”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Dream Industrial Real Estate Investment Trust	N/A	N/A	N/A	$1.02	8.84
ESR-LOGOS REIT	N/A	N/A	N/A	C$0.04	49.30

Dream Industrial Real Estate Investment Trust is trading at a lower price-to-earnings ratio than ESR-LOGOS REIT, indicating that it is currently the more affordable of the two stocks.

Summary

Dream Industrial Real Estate Investment Trust beats ESR-LOGOS REIT on 7 of the 8 factors compared between the two stocks.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S. Our goal is to deliver strong total returns to our unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by our high-quality portfolio and an investment grade balance sheet. Our REIT Units are listed on the Toronto Stock Exchange (TSX) under the trading symbol DIR.UN.

About ESR-LOGOS REIT

ESR-LOGOS REIT is a leading New Economy and future-ready Asia Pacific S-REIT. Listed on the Singapore Exchange Securities Trading Limited since 25 July 2006, ESR-LOGOS REIT invests in quality income-producing industrial properties in key gateway markets. As at 31 December 2023, ESR-LOGOS REIT holds interests in a diversified portfolio of logistics properties, high-specifications industrial properties, business parks and general industrial properties with total assets of approximately S$5.1 billion. Its portfolio comprises 72 properties (excluding 48 Pandan Road held through a joint venture) located across the developed markets of Singapore (52 assets), Australia (19 assets) and Japan (1 asset), with a total gross floor area of approximately 2.1 million sqm, as well as investments in three property funds in Australia. ESR-LOGOS REIT is also a constituent of the FTSE EPRA Nareit Global Real Estate Index. ESR-LOGOS REIT is managed by ESR-LOGOS Funds Management (S) Limited (the Manager) and sponsored by ESR Group Limited (ESR). The Manager is owned by ESR (99.0%) and Shanghai Summit Pte. Ltd. (1.0%), respectively.