The Globe and Mail reports in its Wednesday, Aug. 13, edition that National Bank Financial analyst Matt Kornack has reaffirmed his "sector perform" recommendation for Dream Office REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kornack gave his unit target a 50-cent boost to $17. Analysts on average target the units at $17.17. Mr. Kornack says in a note: "There were some puts and takes in Q2 for Dream Office as the REIT saw committed occupancy increase as it aggressively targets new and renewal leasing in a competitive office environment with long leasing lead times. In-place figures, however, declined, so the benefit of recent success won't be felt for a few quarters. Rent spreads were also muted across the portfolio with elevated leasing costs, which will impact the potential for growth. For the remainder of the year, the REIT's sole U.S. property could have an impact on leasing and earnings but is subject to a dual process of leasing/sale. While office fundamentals are stabilizing, the current situation remains challenging, which is pressuring valuations with D's leverage remaining on the high side."