Dream Unlimited Corp. - Strategic Insights Report

Cash transactions

Dream Residential REIT to be Acquired by Morgan Properties for US$354 Million

Dream Residential REIT, a Toronto-based real estate investment trust, has announced that its board of trustees has completed a strategic review and has entered into an arrangement agreement with Morgan Properties, LP, a Philadelphia-headquartered company, to be acquired for approximately US$354 million. The Transaction, which represents a 60% premium

Dream Unlimited Corp.

Dream Unlimited Corp.'s Interest in Dream Impact Trust Increases Through Asset Management Fee Acquisition

Dream Unlimited Corp.'s Dream Asset Management Corporation acquired 137,500 units of Dream Impact Trust in lieu of asset management fees, expanding its ownership stake from approximately 37.0% to 37.8% of the issued and outstanding units. This move allows Dream to maintain cash availability for Dream