The Globe and Mail reports in its Tuesday, May 12, 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 $19.50, matching the consensus. Mr. Kornack says in a note: "Q1 earnings were ahead of expectations including the impact of straight-line rent related to fixturing periods on committed leases. The Toronto portfolio has seen a meaningful improvement in leasing traction with an expectation for in-place occupancy figures to improve to 84 to 86 per cent from 81 per cent currently (79 per cent in Q4/25). This will contribute considerably to organic growth, although the cash impact is weighted to H2/26 with the real benefit being seen in 2027. Nonetheless, progress is tangible and management's positive tone shift is palpable, although the cost of tenant acquisition remains high. At the REIT's June AGM a three-year outlook will be provided." The Globe reported on Dec. 9, Feb. 6 and April 21 that Mr. Kornack continued to rate Dream Office REIT "sector perform." The units could then be had for $17.27, $19.26 and $16.75.