Dream Global REIT completes C$115 million equity offering
On March 21, 2017, Dream Global REIT ("Dream Global") announced the closing of its previously announced equity offering of units at a price of C$9.60 per unit. The syndicate of underwriters, led by TD Securities Inc., elected to exercise its over-allotment option in full, resulting in a total of 11,983,000 units being issued for total gross proceeds of C$115,036,800.
Dream Global 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's portfolio currently consists of approximately 13.0 million square feet of gross leasable area of office, industrial and mixed-use properties across Germany and Austria.
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