Dream Office REIT Announces December 2025 Monthly Cash Distribution, Special Non-Cash Distribution and Board Changes

About this update from Dream Office Real Estate Investment Trust Class A

[{"type":"text","content":"Dream Office REIT Announces December 2025 Monthly Cash Distribution, Special Non-Cash Distribution and Board Changes\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n\n DREAM OFFICE REIT (TSX: D.UN) (“Dream Office REIT” or the “Trust”)\n \n today announced its December 2025 monthly cash distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“\n \n REIT A Units\n \n ”). The December distribution will be payable on January 15, 2026 to unitholders of record (“\n \n Unitholders\n \n ”) as at December 31, 2025.\n \n\n Dream Office REIT further announced today that its board of trustees also declared a special non-cash distribution (the \"\n \n Special Distribution\n \n \") of $0.50 per REIT A Unit, payable on December 31, 2025 to Unitholders of record as at December 31, 2025. There will be no cash payment in connection with the Special Distribution. The Special Distribution will be paid and satisfied at the close of business on December 31, 2025 by the issuance of additional REIT A Units (the \"\n \n Additional Units\n \n \"). The Additional Units will have a fair market value equal to the dollar amount of the Special Distribution, which will be based on the closing price of the REIT A Units on the Toronto Stock Exchange on December 31, 2025. Immediately after the payment and satisfaction of the Special Distribution with Additional Units, the issued and outstanding REIT A Units, including the Additional Units, will be consolidated such that the aggregate number of issued and outstanding REIT A Units immediately following the payment and satisfaction of the Special Distribution will not change, and each Unitholder will hold the same number of REIT A Units as such Unitholder held immediately before the Special Distribution. The Special Distribution is principally being made to distribute to Unitholders all or a portion of the capital gain realized by Dream Office REIT from certain transactions completed during the current fiscal year. Accordingly, the entire amount of the Special Distribution must be treated as a capital gain to Unitholders for Canadian income tax purposes.\n \n\n For Unitholders who are residents of Canada for Canadian federal income tax purposes, the amount of the Special Distribution will increase the adjusted cost ...

More updates from Dream Office Real Estate Investment Trust Class A