Overview

* Dream Office REIT Q3 net loss narrows compared to last year

* FFO per share for Q3 decreased compared to the same period last year

* Toronto downtown occupancy rate improved slightly, while overall portfolio occupancy decreased

Outlook

* Company anticipates Toronto downtown occupancy rate to improve over remainder of 2025

* Company aims to reduce risk and deliver stable performance amid market uncertainties

Result Drivers

* TORONTO DEMAND - Increased demand from financial institutions improved Toronto office market occupancy

* REDEVELOPMENT STRATEGY - Redevelopment projects in Toronto and Calgary aim to enhance asset value and occupancy

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -C$60.80

Income mln

Q3 FFO C$0.60

Per

Share

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.)