Dundee Corporation
TSX : DC.A

Dundee Corporation

July 18, 2014 11:29 ET

Dundee Corporation Sells Units in DREAM Office Real Estate Investment Trust and DREAM Global Real Estate Investment Trust

TORONTO, ONTARIO--(Marketwired - July 18, 2014) - Dundee Corporation (TSX:DC.A) ("Dundee" or the "Corporation") announced today that it has sold 4,469,000 units of DREAM Office Real Estate Investment Trust and 8,600,000 units of DREAM Global Real Estate Investment Trust, for total gross proceeds of $207,000,000, which will be added to the Corporation's working capital. A syndicate of agents, led by TD Securities Inc., and including Dundee Securities Ltd., Scotia Capital Inc., CIBC World Markets Inc., RBC Capital Markets, BMO Capital Markets, Canaccord Genuity Corp, GMP Securities L.P. and National Bank Financial Inc. acted in the sale of these securities.

ABOUT DUNDEE CORPORATION

Dundee is a public Canadian independent holding company listed on the Toronto Stock Exchange under the symbol "DC.A". Through its operating subsidiaries, Dundee is engaged in diverse business activities in the areas of its core competencies including investment advisory and corporate finance, energy, resources, agriculture, real estate and infrastructure. Dundee also holds, directly and indirectly, a portfolio of investments mostly in these core focus areas, as well as other select investments in both publicly listed and private companies.

Contact Information

  • Dundee Corporation
    David Goodman
    President and Chief Executive Officer
    (416) 365-2571