Dream Residential reminds unitholders to vote

Executive Summary

• Dream Residential REIT is seeking unitholder approval for an all‑cash acquisition by an affiliate of Morgan Properties LP valued at approximately US$354 million.
• The board and a special committee of independent trustees unanimously recommend that unitholders vote in favor of the transaction.
• Proxy voting deadline is 2 p.m. (Toronto time) on Oct. 14, 2025; the special meeting will be held on Oct. 16, 2025 at 2 p.m.

Key Details

• Transaction Value: Approx. US$354 million cash purchase of Dream Residential REIT by an affiliate of Morgan Properties LP.
• Board Recommendation: Unanimous recommendation from the board of trustees and a special committee of independent trustees to vote for the acquisition.
• Voting Instructions:
• Registered unitholders – obtain 15‑digit control number from Computershare Trust Company of Canada; vote online or by telephone (1‑866‑732‑8683 / 1‑312‑588‑4290).
• Non‑registered unitholders – obtain 16‑digit control number via broker/intermediary; vote online or by telephone (1‑800‑474‑7493 English / 1‑800‑474‑7501 French).
• Proxy Deadline: 2 p.m. Toronto time, Oct. 14, 2025.
• Special Meeting: Scheduled for Oct. 16, 2025, 2 p.m. (Toronto time) to consider the acquisition.
• Closing Conditions: Expected to close in late 2025 after satisfaction of all conditions; cannot close earlier than Morgan Properties obtaining certain agency financing or Dec. 19, 2025, whichever is first. No financing condition applies.
• COVID/Strike Note: Due to Canada Post national strike, unitholders are encouraged to vote online or by telephone and to use courier services for any required documentation.

Notable Quotes

(No direct quotes were provided in the release.)