Mr. Michael Cooper reports
DREAM OFFICE REIT ANNOUNCES AUTOMATIC SECURITIES REPURCHASE PLAN PURSUANT TO ITS NORMAL COURSE ISSUER BID
In connection with its previously announced normal course issuer bid, which commenced on Aug. 17, 2018, Dream Office Real Estate Investment Trust has entered into an automatic securities repurchase plan with its designated broker in order to facilitate purchases of its REIT units, Series A, under the bid.
The plan allows for purchases by Dream Office REIT of REIT units, Series A, at any time including, without limitation, when the trust would ordinarily not be permitted to make purchases due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by Dream Office REIT's broker based upon the parameters prescribed by the Toronto Stock Exchange and the terms of the parties' written agreement. Outside of such restricted or blackout periods, the REIT units, Series A, may also be purchased in accordance with management's discretion. The plan will terminate on Aug. 16, 2019.
About Dream Office Real Estate Investment Trust
Dream Office is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.
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