04:34 PM EST, 11/21/2025 (MT Newswires) -- Dream Unlimited ( DRUNF ) said late Friday that its subsidiary, Dream Asset Management Corporation, increased its stake in Dream Impact Trust (MPCT.UN) after receiving units in lieu of asset management fees.

Dream Asset Management acquired 450,000 units of the trust as payment under the management agreement, representing about 2.4% of Dream Impact's outstanding units. The acquisition lifts the manager's and joint actors' combined ownership to 7.42-million units, or approximately 40.2%, up from 7-million units, or 37.8%, prior to the transaction.

The totals include 20,325 units that are issuable to Michael J. Cooper, Dream's president and chief responsible officer, pursuant to vested deferred trust units that he has elected to defer but is deemed to beneficially own.

Dream Asset Management, Dream Impact and Dream Impact Master LP previously entered into a 2024 letter agreement authorizing the issuance of 1.8-million units to the manager as payment for base management and acquisition fees for 2024-2026. The agreement received unitholder and TSX approval in June 2024.

Dream Asset Management said it will continue to evaluate its investment and may increase or decrease its holdings.

Dream Unlimited ( DRUNF ) is a Toronto-based real estate developer and asset manager with $28 billion in assets under management across public and private platforms. Its shares closed up $0.03 to $17.74 on Toronto Stock Exchange on Friday.