Mr. Michael Cooper of Dream Unlimited reports

COMMON'S FIRST CANADIAN COLIVING BUILDING NOW LEASING AT ZIBI

Leasing is open for Dream Unlimited Corp. and Dream Impact Trust's first Ottawa-based rental building, Common at Zibi. The 25-storey building, located on Chaudiere Island in the heart of Zibi, is set to redefine modern living in the national capital region with an innovative approach to integrating co-living, affordable and traditional suites in one building.

Common at Zibi will welcome its first residents in January. It is Common's first co-living building in Canada, and Ottawa Community Housing's (OCH) most recent affordable housing offering.

"We are very proud to be the first to offer co-living in Ottawa and are especially proud of the partnerships we forged to deliver a creative and unique housing solution that meets a wide range of needs in this city," said Michael Cooper, president and chief responsible officer of Dream. "Every developer in Canada should be thinking creatively about how they are going to help solve the housing shortage in their communities."

The award-winning Zibi is Canada's first One Planet Living community. It features high transit, walkability and bike scores, is located within steps of downtown Gatineau and Ottawa, and offers a unique interprovincial district energy system, which heats and cools all buildings while producing zero carbon emissions. With its many waterfront parks and bustling event spaces, Zibi can easily boast the title of the national capital region's most livable community.

An inclusive and diverse environment for all residents

Common at Zibi features 48 co-living units, each accommodating up to five residents, 140 traditional suites and 19 affordable homes, making it an inclusive and diverse environment for all residents.

"We are thrilled to be a part of this innovative housing partnership between Zibi and OCH," said Stephane Giguere, chief executive officer of Ottawa Community Housing. "Providing much needed affordable and diverse housing options to the residents of Ottawa, in one of the most amazing locations in Ottawa, is a prime example of how public-private partnerships can work together to create inclusive and sustainable communities. We are proud to partner with Dream and Common to deliver an inclusive living experience that is accessible to the Ottawa community."

The OCH apartments, ranging from one to two bedrooms, will be available at affordable rates. The pricing structure is in line with Canada Mortgage and Housing Corp. 2023 affordable market rents. Notably, two of these apartments will be designed to be barrier free, ensuring accessibility for all. The affordable homes will be managed by Ottawa Community Housing's affordable housing branch, Arriv Properties.

All residents of Common at Zibi will have full access to a wide range of amenities to enhance their living experience, including a breathtaking rooftop terrace, state-of-the-art fitness centre, secure bike storage, co-working spaces, theatre room, and a fully equipped party room and lounge.

Co-living: bringing people together

"Common at Zibi is an opportunity for people to come together to enjoy this fantastic building, district and the city in a way that is not only more affordable, but also more than just a place to live," said Matthew Micksin, vice-president of real estate at Common. "We are thrilled to be making our entry into the Canadian market in such a beautiful location and with these two forward-thinking partners."

While popular in major U.S. markets, co-living is a relatively new concept in Canada. The fully furnished co-living suites, which range from two to five bedrooms, include private bedrooms with shared kitchens and living spaces, as well as access to state-of-the-art amenities. Rent covers all utilities, WiFi, modern, fully equipped kitchens, cleaning services, and things like paper towels, cleaning products and more. The model is ideal for international students or young professionals.

Leasing information

First occupancies at Common at Zibi are anticipated to begin in January:

• Co-living suites: Residents interested in renting a room in one of the fully furnished co-living suites can book a meeting with a leasing agent, view floor plans and find more information at the Common at Zibi website.
• Traditional suites: One-bedroom, one plus den and two-bedroom suites are available. To meet with a leasing agent, view floor plans and for more information, visit the Common at Zibi website.
• Affordable apartments: Residents interested in renting or learning more about leasing opportunities at Common at Zibi can sign up for e-mail updates.

About Dream Unlimited Corp.

Dream Unlimited (Toronto Stock Exchange: DRM) is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income-generating assets in both Canada and the United States, and has an established and successful asset management business, inclusive of $24-billion of assets under management across four Toronto Stock Exchange-listed trusts, its private asset management business and numerous partnerships. It also develops land and residential assets in Western Canada. Dream Unlimited expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream Unlimited has a proven record for being innovative and for its ability to source, structure and execute on compelling investment opportunities.

About Dream Impact Trust

Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact's underlying portfolio is composed of exceptional real estate assets reported under two operating segments: development and investment holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for its stakeholders through its three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities, while generating attractive returns for investors.