Our History

Since 1996 Dream has been focused on building better communities and delivering superior returns to investors across the real estate spectrum.

History of Dream

For nearly 30 years, we have demonstrated the ability to effectively allocate capital into new and compelling opportunities. Our active management strategies enable us to grow, unlock value, and recognize the right time to crystalize returns. 

Inception of Dream

1996

Dream Asset Management Corp. was founded as a public company with one employee and $5 million of equity in 1996 and ended the year with over $67 million of assets under management.

$67
Million in assets under management

Launch of Dream Office REIT

2003

Launched Dream Office REIT with a portfolio of 140 properties totaling over 11.1 million square feet.

$1
Billion in assets under management

Timely Sale

2007

Sold 2/3 of Dream Office REIT portfolio to GE at height of market and returned more than 100% of their investment back to unitholders.

$2
Billion in assets under management

Launch of Dream Global

2011

Launched Dream Global REIT, most successful Canadian REIT IPO and first Canadian REIT to invest exclusively in Europe, transforming the initial acquisition of the Deutsche Post portfolio into an institutional grade office REIT with high quality assets in prime locations.

$7
Billion in assets under management

Launch of Dream Industrial

2012

Launched Dream Industrial REIT with 77 industrial properties comprising approximately 6 million square feet, to capitalize on growing and increasingly attractive Canadian industrial market.

$10
Billion in assets under management

Launch of Dream Unlimited

2013

Launched Dream Unlimited Corp. through the spin off of 50% of Dundee Realty Corporation.

$12
Billion in assets under management

Launch of Dream Impact

2014

Launched Dream Impact Trust (formerly Dream Hard Asset Alternatives Trust) to capitalize on alternative real estate investment opportunities by acquiring the assets of the ROI funds.

$15
Billion in assets under management

Sale of Dream Global

2019

Sold Dream Global REIT to Blackstone for $6.2 billion, delivering a total return of 214% to unitholders since its inception.

$9
Billion in assets under management

Launch of Private Funds

2021

Launched private asset management business to provide private clients with access to Dream’s leading real estate investment and management platform.

$15
Billion in assets under management

Launch of Dream Residential

2022

Launched Dream Residential REIT to focus on multi-residential opportunities in the U.S., focusing on the Sunbelt and Midwest regions.

$18
Billion in assets under management

Dream Industrial Joint Venture

2023

Dream Industrial entered into joint venture with a leading global sovereign wealth fund to acquire Summit Industrial Income REIT in a transaction valued at $5.9 billion.

$25
Billion in assets under management
Photo of Michael Cooper, CRO and President of Dream, looking up and smiling wearing a grey button up against a yellow backdrop
Tall office building with the TELUS logo displayed on two sides near the top, featuring numerous windows and a reflective glass exterior
Upward view of the Roslyn Building, a tall modern structure with multiple floors and large vertical windows reflecting the blue sky
Modern glass building with a curved design on the left side, located near a body of water with trees and greenery in the foreground, under a clear sky with light clouds
Aerial view of a large industrial complex in Germany, with a blue building featuring rooftop solar panels, surrounded by green fields, smaller structures, a tall beige building with a chimney, and distant residential areas under a partly cloudy sky
Modern multi-story office building with large glass windows and a rooftop sign that reads "dream" in orange letters next to a blue cloud icon, set against a clear blue sky on a sunny day
Urban street scene with modern high-rise buildings featuring grid-style windows and large glass panels; trees line the sidewalk, people walk and sit near outdoor café seating, creating a lively downtown atmosphere.
Tall modern skyscraper with reflective glass exterior and rooftop antennas, set against a cityscape featuring various buildings and a cathedral with twin spires under a partly cloudy sky
Modern commercial building with a "West Marine" sign and large windows; a "StaffMasters Hiring Today" banner is displayed, with greenery and an empty parking lot in the foreground
Outdoor swimming pool with rippling water and a stone deck, surrounded by two-story brick apartment buildings with balconies; a pergola stands to the left and a picnic table with an orange umbrella sits near the center, under a clear blue sky
Modern industrial or commercial building with large glass windows and the number '65' displayed on the upper corner, surrounded by small trees and landscaping, with a paved driveway in front and a colorful sky suggesting sunrise or sunset
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Smiling Headshot of Michael Cooper, President and CRO, wearing a blue button up shirt
“

For nearly 30 years, we have demonstrated the ability to effectively allocate capital into new and compelling opportunities. Our active management strategies enable us to grow, unlock value, and recognize the right time to crystalize returns.

“

- Michael Cooper

Founder & Chief Responsible Officer

Leadership

Dream is led by an experienced team of visionary leaders, each bringing deep industry expertise and a commitment to excellence.