Dream Global REIT
TSX : DRG.UN
FRANKFURT : DRG

Dream Global REIT

June 16, 2017 17:22 ET

Dream Global REIT Announces Filing of a Final Base Shelf Prospectus

TORONTO, ONTARIO--(Marketwired - June 16, 2017) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

DREAM GLOBAL REIT (TSX:DRG.UN)(FRANKFURT:DRG) today announced that it has filed and obtained receipts for a final base shelf prospectus dated June 15, 2017. The final base shelf prospectus was filed with the securities regulatory authorities in each of the provinces of Canada. The final base shelf prospectus is valid for a 25-month period, during which time Dream Global REIT may offer and issue, from time to time, units and debt securities, or any combination thereof, having an aggregate offering price of up to $1 billion.

Any issuance of securities under the final base shelf prospectus will require the filing of a shelf prospectus supplement that will include the specific terms of the securities being offered.

This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction. This news release does not constitute an offer of securities for sale in the United States and the securities referred to in this news release may not be offered or sold in the United States absent registration or an exemption from registration.

About Dream Global REIT

Dream Global REIT is an unincorporated, open-ended real estate investment trust that provides investors with the opportunity to invest in commercial real estate exclusively outside of Canada. Dream Global REIT's portfolio currently consists of approximately 13.6 million square feet of gross leasable area of office, industrial and mixed-use properties across Germany, Austria and Belgium. For more information, please visit www.dreamglobalreit.ca.

Forward-looking information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Forward looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream Global REIT's control that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, global and local economic and business conditions; the financial condition of tenants; our ability to refinance maturing debt; leasing risks, including those associated with the ability to lease vacant space; and interest and currency rate functions. Our objectives and forward-looking statements are based on certain assumptions, including that the Canadian and European economies remain stable, interest rates remain stable, conditions within the real estate market remain consistent, competition for acquisitions remains consistent with the current climate and that the capital markets continue to provide ready access to equity and/or debt. All forward-looking information in this press release speaks as of the date of this press release. Dream Global REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise except as required by law. Additional information about these assumptions and risks and uncertainties is contained in Dream Global REIT's filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at Dream Global REIT's website at www.dreamglobalreit.ca.

Contact Information

  • Dream Global REIT
    P. Jane Gavan
    President and Chief Executive Officer
    (416) 365-6572
    jgavan@dream.ca

    Dream Global REIT
    Tamara Lawson
    Chief Financial Officer
    (416) 365-6560
    tlawson@dream.ca

    Dream Global REIT
    Alexander Sannikov
    Senior Vice President, Commercial Properties
    (416) 365-4106
    asannikov@dream.ca