08:02 AM EDT, 09/30/2025 (MT Newswires) -- Dream Industrial Real Estate Investment Trust (DIR-UN.TO) overnight Monday said it renewed its existing universal base shelf prospectus, by filing and obtaining a receipt for a final base shelf prospectus.

The shelf prospectus is valid for a 25-month period, during which time the Trust may offer and issue, from time to time, units, subscription receipts and debt securities, which may include debt securities convertible into or exchangeable for units of the Trust, or any combination thereof.

The previous base shelf prospectus of the Trust is scheduled to expire on Oct. 6, 2025.

The Trust also renewed its at-the-market equity program (ATM Program), which was previously set to expire on Oct. 6, 2025, allowing it to issue up to $250 million of units from treasury to the public from time to time, at its discretion.

Dream Industrial REIT plans to use the net proceeds from the ATM Program, if any, for future property acquisitions, development and redevelopment opportunities, repayment of indebtedness and for general trust purposes.

The Trust entered into an equity distribution agreement dated Sept. 29, 2025 with TD Securities Inc., RBC Capital Markets and Scotia Capital Inc, in connection with the renewal of the ATM Program.

The ATM Program will be effective until Oct. 29, 2027 unless terminated before that date by the Trust or otherwise in accordance with the terms of the equity distribution agreement.