Financial Reports
To view, please select a year below.
2014
2013
- Dec. 312013 Annual Report
- Dec. 312013 Q4 Financial Statements
- Dec. 312013 Q4 Management's Discussion and Analysis
- Sep. 302013 Q3 Report
- Sep. 302013 Q3 Management's Discussion and Analysis
- Jun. 302013 Q2 Report
- Jun. 302013 Q2 Management's Discussion and Analysis
- Mar. 312013 Q1 Report
- Mar. 312013 Q1 Management's Discussion and Analysis
2012
- Dec. 312012 Q4 Financial Statements
- Dec. 312012 Q4 Management's Discussion and Analysis
- Dec. 312012 Annual Report
- Sep. 302012 Q3 Management's Discussion and Analysis
- Sep. 302012 Q3 Report
- Jun. 302012 Q2 Management's Discussion and Analysis
- Jun. 302012 Q2 Report
- Mar. 312012 Q1 Management's Discussion and Analysis
- Mar. 312012 Q1 Report
To view a more comprehensive selection of our filings, you can link to SEDAR (System for Electronic Document Analysis and Retrieval).
Tax Information
In connection with the recently completed transaction pursuant to which affiliates of real estate funds managed by affiliates of The Blackstone Group Inc. acquired all of Dream Global REIT’s subsidiaries and assets in an all-cash transaction valued at $6.2 billion (the “Transaction”), as stated in the management information circular of Dream Global REIT, dated October 13, 2019, management did not expect the Special Distribution or Redemption Amount to include distributions of Ordinary Income. Following the closing of the Transaction on December 10th, management of Dream Global REIT has determined that the Special Distribution and Redemption Amount will be reported by the REIT as not including any distributions of Ordinary Income.
Tax Deferral
Dream Global REIT pays a monthly distribution to its Unitholders of which only a portion is taxable. The non-taxable portion of any net realized capital gains and any other amount in excess of the net income of Dream Global REIT payable to the Unitholder will not generally be included in the Unitholder’s income for the year.
The Trust has determined that the distributions should be treated in the following manner:
| 2018 | 2017 | |
| Foreign non-business income | 83.17% | 61.70% |
| Capital Gains | 0.00% | 1.10% |
| Return of capital | 16.83% | 37.20% |
For the calendar year 2018, our distributions are incorrectly coded as “foreign business income” for taxable income reporting purposes, which differs from prior years’ allocation as “foreign non-business income”. Allocation of the Trust’s distribution as either business or non-business income has no impact on unitholders’ tax returns as no foreign taxes are being allocated in respect of the Trust’s distributions. The Trust has amended the T3 reporting slips for immediate re-issue. We apologize for any inconvenience this may have caused.
| 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
| Foreign non-business income | 36.57% | 43.6% | 48.3% | 47.6% | 39.0% | 44.9% |
| Capital Gains | 1.14% | 1.4% | ||||
| Return of capital | 62.29% | 56.4% | 50.3% | 52.4% | 61.0% | 55.% |
The links below show record dates with distributions paid and taxable income that should be allocated:
Income Tax Considerations – Distributions
A holder of Dream Global REIT Units is generally required to include the taxable income received from the REIT in his or her income tax return. The taxable portion of the distribution has to be included even if the distribution is reinvested under the Distribution Reinvestment and Unit Purchase Plan.
Canadian Unitholders will receive a Statement of Trust Income Allocations and Designations (T3) for income tax purposes. You should receive a statement either from your financial institution or stockbroker if you hold your Units in an account or directly from Dream Global REIT’s transfer agent, Computershare Trust Company of Canada, if you are a registered Unitholder and are in possession of a Unit Certificate.
Non-resident Unitholders should receive a Statement of Amounts Paid or Credited to Non-Residents of Canada (NR4) with the taxable income reported in box 16 and the non-resident tax withheld shown in box 17.
Information Request
For inquiries, please contact us directly:
| Dream Global REIT |
| 30 Adelaide Street East, Suite 301 |
| Toronto, ON M5C 3H1 |
| Phone: 416.365.3535 |
| Fax: 416.365.6565 |
| Email: globalinfo@dream.ca |
For change of address and registration enquiries, please contact our transfer agent:
| Computershare Investor Services Inc. |
| 100 University Avenue, 8th Floor |
| Toronto, ON M5J 2Y2 |
| Phone: 514.982.7555 or 1.800.564.6253 |
| Fax: 416.263.9394 or 1.888.453.0330 |
| Web: www.computershare.com |
| Email: service@computershare.com |