Dream Impact Trust

Dream Impact Trust targets projects that create positive and lasting impacts on communities and the environment, while achieving market returns. The Trust provides investors with access to an exceptional portfolio of real estate development and income properties that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas.

  • Overview
  • About
  • Impact
  • Financial
  • Team
  • News

Overview

Diverse portfolio of high-quality real estate assets

$637.2M

in total assets

$8.99

net asset value as at December 31, 2020 (updated annually).

as at December, 30th, 2020.

Current Investor Presentation

March 2021

Investor Presentation

Sustainability

Environmental

We strive to continuously improve the resource efficiency of our operations, lower any undesired impacts associated with our activities and contribute positively to the transition to a low carbon economy.

Social

We care for our people, tenants, partners and communities by embracing a diverse and inclusive workplace, promoting leading health and safety practices and building inclusive, attainable and sustainable communities.

Governance

We maintain the highest ethical business standards, which includes how we manage and mandate sustainability.

Sustainability Highlights

Sustainability Reports

2019 Sustainability Report

2019 Sustainability Report – Dream Group of Companies

Have a question for us?

Investor Inquiries

Dream Impact Trust 30 Adelaide Street East, Suite 301, Toronto, ON M5C 3H1

Transfer Agent

Computershare Investor Services 100 University Avenue, 8th Floor, Toronto, ON M5J 2Y2

About

Dream Impact Trust

Dream Impact Trust focuses on investments that generate strong financial returns and positive social and environmental impacts.

The Trust is a real estate impact investing vehicle that targets projects that create measurable positive and lasting impacts on communities and the environment, while achieving attractive market returns. The Trust’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income.

The Objectives of the Trust are to:

  • Create positive and lasting impacts for all our stakeholders through our three impact verticals: attainable and affordable housing, inclusive communities and resource efficiency;
  • Balance growth and stability of the portfolio, increasing cash flow, unitholders’ equity and net asset value (“NAV”) over time;
  • Leverage our access to an experienced management team and strong partnerships in order to generate attractive returns for investors;
  • Provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and
  • Provide predictable cash distributions to unitholders on a tax-efficient basis.

The Trust is managed by Dream Asset Management Corporation, an innovative real estate manager and developer primarily focused on the commercial and residential sectors in North America and Europe.

Operating Segments

The Trust’s operating segments currently consist of the following:

  • Development — comprised of participating mortgages receivable, a hospitality asset under redevelopment, and direct and indirect investments in residential and mixed-use developments; and
  • Recurring income — comprised of a portfolio of office and commercial real estate income properties in the Greater Toronto Area (“GTA”) and interest-paying mortgages and corporate loans.

Our Strategy

With our enhanced focus on impact investing, we are aligning all of our efforts around our core mission — building better communities for people to live, work, and play in — which will result in a better investment for our unitholders.

  • Focus on Impact Investments that generate both strong financial returns and provide positive social and environmental impacts in our communities.
  • Invest in Hard Assets. The Trust invests in hard assets such as real estate development, real estate lending and real estate. The tangible nature of real estate assets makes impact investments more easily measurable.
  • Employ Experienced Asset Manager with a Strong Track Record. Dream (the Trust’s asset manager) has always believed in building better communities and over the last two decades, its projects have not only been profitable but have also provided significant positive and measurable impacts to its communities and their residents.
  • Flexible Structure.  The Trust is not restricted by SIFT Legislation that applies to REITs and it is not required to comply with the regulations governing mortgage investment corporations. As a result, we seek to find opportunities in areas with limited competition to achieve higher risk-adjusted returns.
  • Efficient Tax Structure. The Trust is a taxable SIFT trust which requires the Trust to pay tax at the entity level. Renewable power and real estate assets generate tax depreciation often sufficient to shelter their income and, as a result, distributions may exceed taxable income, resulting in a portion of such distributions being treated as a return of capital for tax.

Our Impact Portfolio

Aerial rendering of entire Zibi Community includes river and bridge between Ottawa and Gatineau.

Zibi – Ottawa, ON & Gatineau, QC
Gatineau/Ottawa

Zibi

A 34 -acre mixed use waterfront community in the National Capital Region which will be the first designated “One Planet Master-Planned Community” in Canada. It is expected to be one of the least environmentally impactful communities in North America.

Rendering of West Don Lands Community on a bright sunny day with kids playing on the sidewalk in Toronto, ON
Block 20 – West Don Lands – Toronto, ON
Toronto

West Don Lands

The West Don Lands is a purpose built, LEED Gold, rental community and is one of the largest affordable housing projects in Canada. It is the first development within the Provincial Affordable Housing Lands Program to break ground.

Rendering of Dream's Indigenous Hub located in the Canary District, Toronto, ON
Indigenous Hub – Canary District – Toronto, ON
Canary District, Toronto

Indigenous Hub

The first purpose-built, Indigenous Hub in a major North American City being developed in partnership with Anishnawbe Health Toronto and will provide the indigenous community with a health centre, career centre, and day-care, as well as an integrated market rental apartment.

Aerial Rendering of entire Brightwater Community in Port Credit Ontario showing lakefront views and green rooftops.
Brightwater – Mississauga, ON
Mississauga

Brightwater

Brightwater will be transformed from a former oil refinery into a vibrant, green, mixed use waterfront community and home for 6,000 people in the highly desirable Port Credit neighbourhood.

Want to learn more?

If you have any questions or inquiries, please contact [email protected]

Impact

Overview

Impact Investing is one of the fastest growing segments of the $3.2 trillion sustainable investing market.

Impact investing is the intention of creating measurable positive, social and environmental change in our communities and for our stakeholders, while generating attractive market returns. Integrating impact into our projects is financially attractive and actively contributes to our mission of making a meaningful positive and lasting impact within our communities.

As an investor and developer of communities, Dream is in a strong position to improve sustainability and advance socio-economic equality through purposeful development and management of real estate.

Infographic describing societal change and Dream Impact Trust's real estate solution.
Our Industry is uniquely positioned to positively influence our society

Making an Impact Through Real Estate and Infrastructure

Impact investing encompasses more than the investment alone. By managing investments for impact, Dream provides enhanced access to a broad range of investment opportunities that achieve strong market returns with positive, measurable social and environmental outcomes.

Infographic describing Dream Impact Trust's impact strategy.

Managing for Impact

Our Focus

Impact Investing Focus

The Trust is well positioned, with its existing assets and robust development pipeline, to deliver strong financial returns to its stakeholders, while having a meaningful, positive impact along three verticals: Attainable Housing, Inclusive Communities and Resource Efficiency. Our three impact verticals align with the universally recognized and accepted UN SDGs.

Attainable Housing

Investments in mixed-income communities that are transit oriented, located close to employment opportunities and offer a substantively lower cost of living relative to market.

Inclusive Communities

Creating communities that generate positive social outcomes for under-supported groups, taking action to provide equal access to homes and opportunities for people who have traditionally faced barriers to access.

Resource Efficiency

Developing sustainable real estate that optimizes energy use, limits greenhouse gas emissions and reduces water use and waste.

The Trust’s portfolio strategy will be anchored by the United Nations Sustainable Development Goals (“UN SDGs”) and it will report its impact performance against the leading standards as they evolve

Together, these verticals are aligned with 13 of the 17 UN SDGs, which have the support of 162 countries and territories.

Financial

Financial Reports & Filings

  • Financial Reports
  • Regulatory Filings

Analysts

Frederic Blondeau

Industrial Alliance 514.875.6483

Have a question for us?

Investor Inquiries

Dream Impact Trust 30 Adelaide Street East, Suite 301, Toronto, ON M5C 3H1

Transfer Agent

Computershare Investor Services 100 University Avenue, 8th Floor, Toronto, ON M5J 2Y2

Team

Management Team

Governance

We are committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but also to uphold the spirit of “good corporate governance” and we always strive to communicate in an open, honest and transparent manner.

Trust Board

Read more about our Trust Board

GP Board

Read more about our GP Board

Committees

The Trust Board and GP Board believe that their committees assist in the effective functioning of the Boards and help ensure that the views of Independent Trustees & Directors* are effectively represented.

Independent Trustee or Director

A Trustee or Director that is independent within the meaning of NI 58–101. An Independent Trustee or Director is one who is not an employee or executive officer of Dream and who is free from any direct or indirect relationship which could, in the view of the Board, be reasonably expected to interfere with independent judgment.

Audit Committee of the Trust Board

Audit Committee of the GP Board

Governance, Compensation and Environmental Committee

Charters, Policies and Declaration of Trust

The Trust is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but to also uphold the spirit of ‘good corporate governance.’

News

News & Events

  • Events
  • Press Releases

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