This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated.

TORONTO–(BUSINESS WIRE)–Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) (the “Trust” or “Dream Industrial REIT” or “Dream Industrial” or “we” or “us”) today announced receipt of its issuer rating and senior unsecured debentures credit rating upgrade to BBB (high) with Stable trends, from BBB, assigned by Morningstar DBRS (“DBRS”).

“We are proud to announce an upgrade in our credit rating to BBB (high),” said Alexander Sannikov, President & Chief Executive Officer of Dream Industrial REIT. “This rating upgrade reflects the strength of our urban industrial portfolio and ongoing resilience of our business. We remain firmly committed to disciplined capital allocation, maintaining a conservative balance sheet while pursuing accretive opportunities that maximize long-term value for our Unitholders.”

Following the upgrade, the Trust expects to achieve a reduction in the cost of borrowing on its existing $750 million unsecured syndicated revolving credit facility, its existing US$250 million unsecured term loan and €153 million unsecured term loan, effective upon the next drawdown. The rate of reduction in the cost of borrowing will vary by facility up to 25 basis points (“bps”) per annum in addition to an immediate 5 bps reduction in its standby fee pricing on the revolving credit facility.

“Representing one of the highest credit ratings currently granted within the Canadian REIT universe by DBRS, this upgrade is recognition of and reinforces confidence in the REIT’s balance sheet strength and credit quality, which we expect will translate into lower borrowing costs going forward,” said Lenis Quan, Chief Financial Officer of Dream Industrial REIT. “As we look to refinance our upcoming debt maturities, we expect the lower cost of debt to positively impact our annualized FFO per unit on a pro forma basis.”

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at September 30, 2025, the REIT has an interest in and manages a portfolio which comprises 340 industrial assets (552 buildings) totalling approximately 73.2 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. The REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. For more information, please visit www.dreamindustrialreit.ca.

Forward looking information

This news release may contain forward-looking information within the meaning of applicable securities legislation. Forward looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this news release may include, among other things, the Trust’s capital allocation including results on Unitholder value; the Trust’s expected cost of debt on a go-forward basis and timing of any reductions thereto; the Trust’s expectations regarding the decrease of its interest rate margins; and the Trust’s ability to re-finance upcoming debt maturities at decreased costs and the related impact on annualized FFO per unit. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions; employment levels; mortgage and interest rates and regulations; inflation; risks related to a potential economic slowdown in certain of the jurisdictions in which the Trust operates and the effect inflation and any such economic slowdown may have on market conditions and lease rates; risks that the Trust’s operations may be affected by adverse global market, economic and political conditions and other events beyond our control, including risks related to the imposition of duties, tariffs and other trade restrictions and their impacts; uncertainties around the timing and amount of future financings; geopolitical events, including disputes between nations, war and international sanctions; the financial condition of tenants; leasing risks, including those associated with the ability to lease vacant space; rental rates and the strength of rental rate growth on future leasing; and interest and currency rate fluctuations. Our objectives and forward-looking statements are based on certain assumptions with respect to each of our markets, including that the general economy remains stable, including that future market and economic conditions will occur as expected and that geopolitical events, including disputes between nations or the imposition of duties, tariffs, quotas, embargoes or other trade restrictions (including any retaliation to such measures), will not disrupt global economies; inflation and interest rates will not materially increase beyond current market expectations; conditions within the real estate market remain consistent; competition for acquisitions remains consistent with the current climate; and the capital markets continue to provide ready access to equity and/or debt. All forward-looking information in this news release speaks as of the date of this news release. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise except as required by law. Additional information about these assumptions and risks and uncertainties is contained in the Trust’s filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamindustrialreit.ca.

Contacts

For further information, please contact:

Dream Industrial REIT


Alexander Sannikov
President & Chief Executive Officer

(416) 365-4106

asannikov@dream.ca

Lenis Quan
Chief Financial Officer

(416) 365-2353

lquan@dream.ca

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the acquisition of a self-storage facility located at 1650 Avalon Road in Winter Garden, Florida. The facility consists of approximately 72,100 net rentable square feet across seven one-story buildings, offering approximately 515 storage units, including a mix of climate-controlled interior units and non-climate-controlled drive-up units.

Ideally situated approximately 15 miles west of downtown Orlando and directly across the street from a major national supermarket, the property benefits from strong visibility, with an average of approximately 7,900 vehicles passing by daily. The facility is located in a high-growth area with a strong median household income within a three-mile radius and an anticipated 8.4% population growth over the next five years. A planned nearby residential development is expected to add more than 42,000 new housing units upon completion.

This acquisition marks SmartStop’s fifth location in the Orlando market, further strengthening the company’s presence in central Florida. The facility will serve the neighborhoods of Hamlin, Independence, Stoneybrook West, Latham Park, Summerlake, and Horizon West.

“Winter Garden is one of the fastest-growing suburban markets in central Florida, and this property checks every box for long-term value,” said Wayne Johnson, President and Chief Investment Officer of SmartStop. “With strong demographics, high visibility, and significant ongoing residential expansion, this acquisition aligns perfectly with our growth strategy as we continue to scale our footprint in the Orlando metro area.”

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs, and through its indirect subsidiary Argus Professional Storage Management offers third party management services in the U.S. and Canada. As of November 26, 2025, SmartStop has an owned or managed portfolio of more than 460 operating properties in 34 states, Washington D.C., and Canada, comprising over 270,000 units and 35 million rentable square feet. SmartStop and its affiliates own or manage 49 operating self-storage properties across four provinces in Canada, which total approximately 42,200 units and 4.3 million rentable square feet.

Contacts

David Corak
SVP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Building on its success in Ontario, The Home Equity Partners will use the investment to bring its Home Equity Sharing Agreement to homeowners nationwide.

TORONTO–(BUSINESS WIRE)–#TheHEQPartners—The Home Equity Partners, a Canadian financial solutions company that helps homeowners gain greater access to their home equity, announces a strategic financial investment from The Myriad Group, a Canadian real estate company with a long-standing commitment to quality and stability. This partnership will strengthen The Home Equity Partners’ ability to scale its Home Equity Sharing Agreement (HESA) nationwide, providing more Canadians with access to their home’s value, without taking on additional debt or monthly payments.

As part of this investment, Kyle Goldenberg, Vice President, Finance & Operations at the Myriad Group, will join The Home Equity Partners’ Advisory Board, contributing practical experience as a long-term owner and operator of residential and commercial properties.

“Canadians are house rich and cash poor, with many unable to keep up with mortgage payments. We are on a mission to solve that,” said Shael Weinreb, Founder & CEO of The Home Equity Partners. “The Myriad Group has a long-standing legacy in real estate, and its continued commitment to innovation makes it the perfect partner for what we’re building. We are thrilled to have Kyle Goldenberg join the advisory board as we continue to expand and serve Canadian homeowners.”

Smart and simple, the HESA from The Home Equity Partners gives Canadians access to cash today in exchange for a percentage of their home’s future change in value. Unlike traditional loans or reverse mortgages, HESAs let homeowners unlock their home’s value without monthly payments, interest, or new debt. Instead, homeowners receive upfront funds in exchange for sharing a portion of future appreciation, allowing them to ease financial pressure without risking their credit or stretching their budget.

The Myriad Group is a Canadian fourth-generation, family real estate company with deep roots in residential and commercial property stewardship. Led by Steven and Kyle Goldenberg, the company brings decades of experience in managing housing across Ontario and continues to play an active role in supporting healthy, stable communities.

“Every day we see how important stability and flexibility are for Canadian homeowners,” said Kyle Goldenberg, Vice President, Finance & Operations at The Myriad Group. “The Home Equity Partners’ HESA model gives Canadians another responsible option to stay in their homes and plan for the future. As a company focused on housing and community development, we are pleased to support a solution that helps strengthen communities across Canada.”

To access your home equity, visit www.theheqpartners.com

About The Home Equity Partners

The Home Equity Partners helps Canadian homeowners access their home equity through an innovative Home Equity Sharing Agreement – with no debt, no interest, and no monthly payments. The company’s mission is to redefine how Canadians think about homeownership and financial flexibility.

Learn more at www.theheqpartners.com

About The Myriad Group

The Myriad Group is a Canadian, family-owned real estate company that owns and operates a portfolio of residential and commercial properties, providing well-managed properties and secure homes. Guided by long-term relationships, professionalism, and strong family values, the company is committed to quality, stability, and contributing positively to the communities where it operates.

Learn more at www.myriadrentals.com.

Contacts

Media Contact:
Alicia Pedicelli

Chief Revenue Officer

The Home Equity Partners

info@theheqpartners.com

TORONTO–(BUSINESS WIRE)–Today, Alberta-based real estate finance firm and investment manager, KV Capital, announced the opening of its Toronto office. Situated in the heart of Toronto’s Financial District, the new location formalizes the firm’s commitment to Canada’s largest real estate and capital market.

KV Capital’s presence in Toronto will help real estate industry participants execute their mandates in a market where specialized financing solutions are increasingly critical. Recent market turbulence has tightened lending conditions, yet strong fundamentals persist. Population growth in the Greater Toronto Area continues to outpace national averages, recent policy reforms have yielded new infill opportunities, and significant federal and provincial support is strengthening the economics of new rental projects.

“The Toronto market presents significant opportunities for our clients and partners, but access to capital for these groups has become a genuine challenge,” says KV Capital’s CEO, Aleem Virani. “We are focused on expanding our capacity to support the needs of developers, investors, and business owners across Canada.”

Nicholas Jeanes, Managing Partner at KV Capital, is spearheading the Toronto expansion alongside two origination directors dedicated to the firm’s Real Estate Debt platform. “Our goal in Toronto is to serve the entire real estate capital stack to help projects move forward,” says Jeanes. “We are here to support thoughtful development and assist clients and partners with navigating Toronto’s market with a long-term view. In the years ahead, we look forward to further building out our team here with experts who share our vision of what it means to be a leader in this space.”

Located at 150 King Street West, the Toronto office becomes KV Capital’s third location, joining its Edmonton headquarters, established in 2006, and Calgary office, which opened in 2023. KV Capital plans to continue to expand its national footprint in the coming years.

About KV Capital

KV Capital is a Canadian alternative investment manager with approximately $650 million in assets under management. The company has funded over $1.8 billion in investments across several different asset classes, including private operating businesses, real estate, and mortgages.

KV Capital Inc. is a licensed mortgage brokerage in Alberta, Ontario, and British Columbia, and a licensed financing corporation in Saskatchewan (Ontario Licenses #13465 and #13656, Saskatchewan License #514505).

Contacts

For more information, visit kvcapital.ca or contact:

Media:

Vanessa Tracy-Roth

Marketing Manager

(780) 999-5727

vanessa.tracy-roth@kvcapital.ca

Investor Relations:

Elissa Nys

Senior Associate, Investor Relations

(587) 404-4376

elissa.nys@kvcapital.ca

LADERA RANCH, Calif.–(BUSINESS WIRE)–Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. (“SSGT III”), and an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced that its Delaware Statutory Trust offering, Blue Door Property I, DST is now fully subscribed.

The offering, which provided accredited investors with the opportunity to participate in institutional-quality self-storage assets through a 1031 exchange or direct cash investment, reached its maximum equity raise of $29.75 million. Blue Door Property I, DST is part of SmartStop’s growing platform of tax-advantaged real estate programs designed to deliver income potential, portfolio diversification, and capital preservation.

“The full subscription of Blue Door Property I, DST underscores the growing demand for tax-deferred solutions among commercial exchange buyers and the appeal of institutional-quality self-storage investments for Main Street investors,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “The long-term resiliency of the self-storage sector continues to make it a compelling destination for capital, and we remain committed to sourcing and managing high-quality assets that support stable income, preservation of capital, and consistent performance for our investors.”

About Strategic Storage Growth Trust III, Inc. (SSGT III):

Strategic Storage Growth Trust III, Inc. (“SSGT III”) is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SSGT III’s primary investment strategy is to invest in growth-oriented self-storage facilities and related self-storage real estate investments in the United States and Canada. As of November 24, 2025, SSGT III has a portfolio of seven operating properties in the United States, comprising approximately 6,040 units and 655,275 net rentable square feet; five operating properties in Canada, comprising approximately 3,180 units and 326,190 net rentable square feet; and joint venture interests in three developments in two Canadian provinces (Québec and British Columbia). In addition, Blue Door Asset Management I, a subsidiary of SSGT III, serves as the sponsor of three Delaware Statutory Trusts, which currently own eight operating properties in the United States comprising approximately 5,420 units and 697,400 net rentable square feet.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs, and through its indirect subsidiary Argus Professional Storage Management, LLC, offers third-party management services in the U.S. and Canada. As of November 24, 2025, SmartStop has an owned or managed portfolio of more than 460 operating properties in 34 states, the District of Columbia, and Canada, comprising approximately 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 49 operating self-storage properties in Canada, which total approximately 42,200 units and 4.3 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
SVP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com