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We characterize Beurling quotient subspaces for pure doubly commuting isometric representations of product systems. As a consequence, we derive a concrete regular dilation theorem for a pure completely contractive covariant representation which satisfies Brehmer-Solel condition and using it and the above characterization, we provide a necessary and sufficient condition that when a completely contractive covariant representation is unitarily equivalent to the compression of the induced representation on the Beurling quotient subspace. Further, we study the relation between Sz.Nagy-Foias type factorization of isometric multi-analytic operators and joint invariant subspaces.

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