The Globe and Mail reports in its Tuesday, April 21, edition that National Bank Financial analysts Matt Kornack and Giuliano Thornhill continue to rate Dream Office REIT "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kornack and Mr. Thornhill gave their unit target a 50-cent trim to $19. Analysts on average target the units at $19.76. Mr. Kornack and Mr. Thornhill say in a note: "Office names have given back a lot of the unit price appreciation from last year's return-to-office optimism, but the industry's normalization process is not done. We're slightly positive on occupancy as it slowly stabilizes with strong absorption but expect it to come at the cost of higher TIs and leasing costs. Dream looks relatively well positioned to where the demand has returned with Toronto seeing the most incremental absorption. While Q1 occupancy will step back on a U.S. tenant departure, H2/26 should benefit from Toronto leasing with longer fixturing periods. The sale of U.S. assets at depressed pricing weighed on the 2026 outlook, but 2027/28 could see stronger growth if targets are met."