Dream Office REIT Announces Sale of 720 Bay Street

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Jan 09, 2023

DREAM OFFICE REAL ESTATE INVESTMENT TRUST (D.UN-TSX) or (“Dream Office REIT”, the “Trust” or “we”) today announced the sale of 720 Bay Street, a 248,000 square feet property located in Toronto, Ontario for gross proceeds of $135 million, which is higher than the Trust’s carrying value as at September 30, 2022.