REIT October 2021 Monthly Distribution

D.UN

DREAM OFFICE REIT OCTOBER 2021 MONTHLY DISTRIBUTION

FOR IMMEDIATE RELEASE

TORONTO OCTOBER 20, 2021, DREAM OFFICE REIT (TSX: D.UN) ("Dream Office" or the "Trust") today announced its October 2021 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The October distribution will be payable on November 15, 2021 to unitholders of record as at October 29, 2021.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.