DREAM UNLIMITED CORP. (TSX:DRM and DRM.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.12530 per first preference share, series 1 payable on September 28, 2018 to shareholders of record on September 14, 2018.

Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) ("Dream", "the Company" or "we") today announced its financial results for the three and six months ended June 30, 2018. Basic earnings per share ("EPS") for the three months ended June 30, 2018 was $0.14, up from $0.02 for the three months ended June 30, 2017, on a standalone basis, excluding income earned on the Company's investment in Dream Alternatives. Basic EPS for the six months ended June 30, 2018 was $0.37, up from $0.14 relative to prior year, on a standalone basis. At June 30, 2018, Dream's total equity, on a standalone basis increased to $966.9 million ($8.90 per share), up almost 18% from $826.2 million ($7.57 per share) one year ago, on a comparable basis.

DREAM ALTERNATIVES TRUST (TSX:DRA.UN) ("Dream Alternatives", "we" or the "Trust") today announced that it has successfully disposed of its investment in Dream Office REIT (TSX:D.UN) to Dream Asset Management Corporation, a subsidiary of Dream Unlimited Corp. (TSX:DRM) for total consideration of $59.5 million, by way of a private market transaction. The units were priced at the five day volume weighted average price (VWAP) ending June 27, 2018, of approximately $23.61. The Trust originally purchased the 2,520,147 Dream Office units on the open market between August and October, 2017 for a total cost of $52.6 million. Including distributions received to date, the Trust has generated a total return of $8.8 million, or 17% on its gross investment (approximate 30% total return on its net equity investment).