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Dream Unlimited Corp. Reports Strong Fourth Quarter Results
Businesswire· 2026-02-24 21:16
TORONTO--(BUSINESS WIRE)--Dream Unlimited Corp. (TSX: DRM) ("Dream†, "the Company†or "we†) today announced its financial results for the three and twelve months ended December 31, 2025 ("fourth quarter†). "Looking back, 2025 was a very good year for the Company,†said Michael Cooper, Chief Responsible Officer. "Despite modest timing delays, with the Edmonton joint venture announced in the fourth quarter Western Canada had another very strong year of earnings. We started construction on 480 multi-family ...
Dream Office REIT Announces February 2026 Monthly Distribution
Businesswire· 2026-02-18 15:15
Dream Office REIT Announces February 2026 Monthly Distribution-# Dream Office REIT Announces February 2026 Monthly DistributionShare---TORONTO--([BUSINESS WIRE])--DREAM OFFICE REIT (TSX: D.UN) ("Dream Office REIT†or the "Trust†) today announced its February 2026 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A ("REIT A Units†). The February distribution will be payable on March 13, 2026 to unitholders of record as at February 27, 2026.Dream Office REIT is an unincorporated, ...
Dream Office REIT Q4 2025 Financial Results Release Date, Webcast and Conference Call
Businesswire· 2026-02-02 19:23
Webcast: A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Office's website at www.dreamofficereit.ca and click on the link for the webcast. Digital Replay: Audio: 1-800-715-9871 (toll free) 647-932-3411 (toll) Conference Call: Date: Friday, February 20, 2026 at 10:00 a.m. (ET) A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Eve ...
Dream Office REIT Announces January 2026 Monthly Distribution
Businesswire· 2026-01-20 14:36
Core Viewpoint - Dream Office REIT announced a monthly distribution of 8.333 cents per REIT Unit, Series A, which annualizes to $1.00, payable on February 13, 2026 [1] Company Overview - Dream Office REIT is an unincorporated, open-ended real estate investment trust [1] - The company is a premier office landlord in downtown Toronto, managing over 4.0 million square feet of owned and managed properties [1] - The investment portfolio consists of high-quality assets located in irreplaceable locations within one of the finest office markets globally [1]
Dream Office REIT Announces December 2025 Monthly Cash Distribution, Special Non-Cash Distribution and Board Changes
Businesswire· 2025-12-17 19:11
For Unitholders who are residents of Canada for Canadian federal income tax purposes, the amount of the Special Distribution will increase the adjusted cost base of Unitholders' consolidated REIT A Units. Unitholders who are not resident in Canada for Canadian federal income tax purposes may be subject to applicable withholding taxes in connection with the payment of the Special Distribution. About Dream Office REIT TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) ("Dream Office REIT†or the "Trust†...
Dream Office REIT Announces November 2025 Monthly Distribution
Businesswire· 2025-11-19 16:06
Core Points - Dream Office REIT announced a monthly distribution of 8.333 cents per REIT Unit for November 2025, which annualizes to $1.00 [1] - The distribution will be payable on December 15, 2025, to unitholders of record as of November 28, 2025 [1] - Dream Office REIT is a leading office landlord in downtown Toronto, managing over 4.0 million square feet of high-quality assets [2] Financial Results - Dream Office REIT will release its financial results for Q3 2025 on November 6, 2025, with a conference call scheduled for November 7, 2025, at 10:00 a.m. (ET) [4][7] - The financial results will cover the three months ended September 30, 2025 [4]
Dream Unlimited Corp. Reports Third Quarter Results
Businesswire· 2025-11-12 01:40
Core Insights - Dream Unlimited Corp. reported solid financial results for the third quarter of 2025, with expectations for a strong fourth quarter driven by lot and acre sales [2][3] - The company has made significant progress in its development projects, particularly with the launch of Coopertown, a 1,200-acre community in Northwest Regina [2][3] - The asset management division continues to grow, with $28 billion in assets under management (AUM) as of September 30, 2025, and positive base fee growth year over year [3][12] Financial Performance - Revenue for the third quarter of 2025 was CAD 114.6 million, compared to CAD 95.7 million in the same period of 2024, representing a year-over-year increase of 19.7% [6] - Net margin for the third quarter was CAD 27.2 million, or 23.7% of revenue, up from CAD 14.9 million (15.6% margin) in the prior year [6][8] - Loss before income taxes for the third quarter was CAD 16.9 million, a nominal change from the comparative period [8] Asset Management Division - The asset management division generated revenue of CAD 14.5 million and a net margin of CAD 11.0 million in the third quarter, compared to CAD 13.8 million and CAD 6.6 million in the prior period [8] - Dream Residential REIT announced an acquisition agreement at USD 10.80 per unit, representing an 18% premium to the closing price prior to the announcement, expected to generate over CAD 35 million in gross proceeds for Dream [3][8] Development Projects - The company has commenced site servicing for the first phase of Coopertown, with 150 lots pre-sold to date, excluding those allocated to the home division [2][3] - The development market in Toronto remains challenging, but the company is advancing key projects such as 49 Ontario and Quayside [2][3] Occupancy and Leasing - As of September 30, 2025, occupancy across completed apartment buildings was 82.3%, an increase from 80.3% in the previous quarter [4] - The company is seeing increased leasing activity across its completed apartments and those managed on behalf of clients [4] Liquidity and Debt Management - As of September 30, 2025, the company had available liquidity of CAD 327.7 million and CAD 221.0 million of contractual debt maturities expected over the next 12 months [8] - The company is in advanced discussions with lenders regarding debt maturities and aims to increase liquidity over time [8]
Dream Office REIT Announces October 2025 Monthly Distribution
Businesswire· 2025-10-22 14:29
TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) ("Dream Office†or the "Trust†) today announced its October 2025 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A ("REIT A Units†). The October distribution will be payable on November 14, 2025 to unitholders of record as at October 31, 2025. 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 4.0 million. ...
choice properties real estate investment trust (TSX:CHP.UN) – profile & key information – CanadianValueStocks.com
Canadianvaluestocks· 2025-10-20 06:36
Core Insights - Choice Properties Real Estate Investment Trust (REIT) is a major Canadian owner, manager, and developer of commercial and residential real estate, focusing on supermarket-anchored shopping centers and mixed-use assets [1][3][8] - The Trust's strategy includes ownership, active management, and development, emphasizing long-term income-producing assets [4][8] Company Profile and Strategic Positioning - The Trust's portfolio is concentrated in grocery-anchored retail properties, providing a stable cash flow foundation linked to national grocers [3][5] - Key strategic differentiators include the conversion of underutilized spaces into mixed-use developments and a focus on tenant retention [6][20] - The Trust's national footprint across major Canadian markets enhances its leasing and capital market advantages [5][21] Financial Information - As of October 2025, the market capitalization of Choice Properties is approximately CAD 10.65–10.77 billion, with a trailing twelve-month revenue of around CAD 1.51 billion [11][14] - The net income attributable to unitholders for the trailing twelve months is approximately CAD -121.55 million, reflecting ongoing investment and growth expenditures [12][16] - The Trust offers a forward dividend yield of approximately 5.23%, with a monthly cash distribution of CAD 0.77 per unit [14][16] Industry and Operations - Choice Properties operates primarily in the retail, industrial, and residential segments, with a focus on supermarket-anchored shopping centers that exhibit defensive demand characteristics [18][19] - The Trust has expanded its industrial segment by repurposing land for logistics and distribution, aligning with e-commerce growth trends [19][20] - Development initiatives aim to densify existing sites by adding residential units and community amenities, enhancing overall asset value [20][25] History and Leadership - The Trust has evolved from a stable owner of retail assets to a multifaceted real estate platform, focusing on urban intensification and strategic acquisitions [26][27] - Leadership emphasizes risk management, tenant relationships, and community engagement, with a governance structure aimed at optimizing portfolio performance [28][30] Stock Index Membership and Market Position - Choice Properties is listed on the Toronto Stock Exchange under the ticker CHP.UN, providing liquidity and access to a broad investor base [32][33] - The Trust's market position is characterized by a balance of stable income from anchored leases and growth potential from development projects [36][39]
Dream Office REIT Announces September 2025 Monthly Distribution
Businesswire· 2025-09-19 13:18
TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) ("Dream Office†or the "Trust†) today announced its September 2025 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A ("REIT A Units†). The September distribution will be payable on October 15, 2025 to unitholders of record as at September 30, 2025. 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 4.0 mil. ...