
Overview
Canada office landlord's Q4 FFO per share fell, with net loss widening
Company's Toronto downtown occupancy improved, driven by increased leasing activity
Outlook
Dream Office REIT aims to improve occupancy and increase business value in 2026
Company anticipates higher annualized comparative properties NOI in late 2026
Dream Office REIT sees positive momentum in office fundamentals continuing in 2026
Result Drivers
LEASING ACTIVITY - Significant leasing activity in Toronto downtown, with 700,000 sf leased in 2025, improved occupancy rates
DEMAND SHIFT - Increased demand for office space from financial institutions reduced sublease availability, reflecting tenant confidence
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income |
| -C$24.40 mln |
|
Q4 FFO Per Share |
| C$0.56 |
|
Press Release: ID:nBw8vdCGta
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