Dream Industrial REIT Announces Voting Results of Annual Meeting of Unitholders

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) -- DREAM INDUSTRIAL REIT (TSX:DIR.UN) announced that, at its annual meeting held today, all of the nominees for election as trustees of Dream Industrial REIT (the "REIT") referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

At the meeting, PricewaterhouseCoopers LLP was appointed auditor of the REIT and the REIT's subsidiaries, and the trustees of the REIT were authorized to fix the remuneration of the auditor.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at March 31, 2020, Dream Industrial REIT owns and operates a portfolio of 262 industrial properties comprising approximately 25.8 million square feet of gross leasable area in key markets across North America and a growing presence in strong European industrial markets. Its objective is to continue to grow and upgrade the quality of its portfolio and to provide attractive overall returns to its unitholders. For more information, please visit www.dreamindustrialreit.ca.

For further information, please contact:

Dream Industrial REIT

Brian Pauls                                          Lenis Quan                                          Alexander Sannikov
Chief Executive Officer                        Chief Financial Officer                         Chief Operating Officer
(416) 365-2365                                    (416) 365-2353                                    (416) 365-4106
[email protected]                               [email protected]                                 [email protected]