Overview

* Dream Impact Trust Q3 net loss C$10.3 mln, missing analyst expectations

* Company's rental assets occupancy exceeds 90%, up 15% since June 2025

* Trust secured $15 mln loan from Dream, extended Fairfax debentures to 2031

Outlook

* Dream Impact Trust expects stabilized rental assets to boost earnings over the next year

* Company plans to commence development of Quayside in second half of 2026

* Dream Impact Trust is addressing liquidity needs with new financing agreements

Result Drivers

* STRONG LEASING - Trust reports over 90% occupancy in purpose-built rental assets, a 15% increase since June 2025

* FINANCING PROGRESS - Trust secured $15 mln loan from Dream and extended Fairfax debentures to 2031

* DEVELOPMENT ADVANCEMENTS - Progress on 49 Ontario St and Quayside developments expected to contribute to future earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net Miss -C$10.30 -C$2.84

Income mln mln (1

Analyst)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the real estate rental, development & operations peer group is "hold"

* Wall Street's median 12-month price target for Dream Impact Trust is C$3.75, about 58.7% above its October 31 closing price of C$1.55

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)