Dream Industrial REIT Renews Universal Base Shelf Prospectus and At-The-Market Program

About this update from Dream Industrial Real Estate Investment Trust

[{"type":"text","content":"Dream Industrial REIT Renews Universal Base Shelf Prospectus and At-The-Market Program\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }\n \n\n\n\n\n NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\n \n\n\n\n\n\n Dream Industrial REIT (TSX: DIR.UN) (the “Trust”)\n \n announced today that it has renewed its existing universal base shelf prospectus, by filing and obtaining a receipt for a final base shelf prospectus (the “\n \n Shelf Prospectus\n \n ”). The Shelf Prospectus is valid for a 25-month period, during which time the Trust may offer and issue, from time to time, units, subscription receipts and debt securities, which may include debt securities convertible into or exchangeable for units of the Trust, or any combination thereof. The previous base shelf prospectus of the Trust is scheduled to expire on October 6, 2025.\n \n\n The Trust has also renewed its at-the-market equity program (the “\n \n ATM Program\n \n ”) today, which was previously set to expire on October 6, 2025, allowing the Trust to issue up to $250,000,000 of units (the “\n \n Units\n \n ”) from treasury to the public from time to time, at its discretion. The Trust intends to use the net proceeds from the ATM Program, if any, for future property acquisitions, development and redevelopment opportunities, repayment of indebtedness and for general trust purposes.\n \n\n In connection with the renewal of the ATM Program, the Trust has entered into an equity distribution agreement dated September 29,\n \n\n 2025 (the “\n \n Equity Distribution Agreement\n \n ”) with TD Securities Inc., RBC Capital Markets and Scotia Capital Inc. Any Units sold in the ATM Program will be distributed through the Toronto Stock Exchange or any other permitted marketplace. The volume and timing of distributions under the ATM Program, if any, will be determined at the Trust’s sole discretion. The ATM Program will be effective until October 29, 2027 unless terminated prior to such date by the Trust or otherwise in accordance with the terms of the Equity Distribution Agreement.\n \n\n As any Units sold in the ATM Program will be distributed at the market prices prevailing at the time of the sale, prices may vary am...

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