DGAP-Adhoc

DREAM GLOBAL REIT ANNOUNCES $100 MILLION EQUITY OFFERING

DGAP-Ad-hoc: Dream Global Real Estate Investment Trust / Key word(s): Capital Increase DREAM GLOBAL REIT ANNOUNCES $100 MILLION EQUITY OFFERING 28-Feb-2017 / 23:01 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Ad hoc notification pursuant to Article 17 Market Abuse Directive

Key Word: Equity Offering

DREAM GLOBAL REIT ANNOUNCES $100 MILLION EQUITY OFFERING

This notification 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 notification.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES

TORONTO, (February 28, 2017 DREAM GLOBAL REIT (TSX:DRG.UN. FRA:DRG, "Dream
Global" or the "Trust") announced today that it has entered into an
agreement to sell 10,420,000 units of the Trust (the "Units") on a bought
deal basis at a price of $9.60 per Unit to a syndicate of underwriters led
by TD Securities Inc. (the "Underwriters") for gross proceeds of
$100,032,000 (the "Offering"). In addition, Dream Global has granted the
Underwriters an over-allotment option, exercisable for a period of 30 days
following closing of the Offering, to purchase up to an additional
1,563,000 Units which, if exercised in full, would increase the gross
proceeds of the Offering to $115,036,800. Closing of the Offering is
expected to occur on or about March 21, 2017. The Offering is subject to
certain customary conditions, including the approval of the Toronto Stock
Exchange.

The Trust intends to use the net proceeds from the Offering to fund
potential future acquisitions and for general trust purposes. The Trust has
bid on, and is currently in varying stages of negotiations with vendors on
four potential acquisitions of office properties located in its target
markets in Europe. The combined expected purchase price of these properties
would exceed EUR200 million ($281 million).

The Units will be offered by way of a short form prospectus to be filed on