Mr. Michael Cooper reports
DREAM OFFICE REIT RESPONDS TO MARKET RUMOURS
In response to recent increases in Dream Office Real Estate Investment Trust's unit price and rumours around the price changes, the trust stated it continues to focus on its strategy of delivering long-term value to its unitholders in a very challenging office market, which includes reducing leverage, risk and operating costs, and improving occupancy, while preserving liquidity. The materials from the trust Q4 2023 continue to be the best information available. The trust has a few assets listed for sale, however, no firm transactions have been entered into and there can be no assurances that any transaction will be completed and, if so, on what terms. Until such time as it is appropriate to make a public announcement on any firm agreements or transactions, Dream Office does not intend to make any further comment on this matter.
About Dream Office Real Estate Investment Trust
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. The trust has carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.
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