TORONTO, October 18, 2021--(BUSINESS WIRE)--DREAM IMPACT TRUST (TSX: MPCT.UN) ("Dream Impact") today announced its five-star rating achievement in the 2021 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. Dream Impact is proud to have achieved a score of 90/100, which is one of the best first year scores in the GRESB real estate assessment, placing it in the top 20% of the global benchmark. GRESB is an industry-driven organization that is committed to assessing the environmental, social, and governance (ESG) performance of real estate portfolios around the globe.
Verification is an integral component of Dream’s Impact Framework. Participation in the GRESB real estate assessment gives Dream Impact the opportunity to receive a third-party assessment of our progress towards reaching our ESG goals and the latest score validates our efforts to date.
"Generating positive sustainability, ESG and impact outcomes is an integral part of how we approach and manage our business across the Dream group of companies. For over two decades, we have been working to make our communities better and deliver impact through our assets while maximizing returns to investors. We recognize that being a leader in sustainability, ESG and impact investing is an ongoing commitment, and we expect to build on our momentum as we continue to integrate best practices across our portfolios and challenge ourselves to deliver more," said Michael Cooper, Portfolio Manager of Dream Impact Trust.
About Dream Impact Trust
Dream Impact Trust is an open-ended trust dedicated to impact investing. Impact investing is the intention of creating measurable positive, social and environmental change in our communities and for our stakeholders, while generating attractive market returns. Dream Impact's underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of the Trust are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; balance growth and stability of the portfolio, increasing cash flow, unitholders' equity and NAV over time; leverage access to an experienced management team and strong partnerships in order to generate attractive returns for investors; provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and to provide predictable cash distributions to unitholders on a tax-efficient basis. For more information, please visit: www.dreamimpacttrust.ca.
About the Global Real Estate Sustainable Benchmark
The Global Real Estate Sustainable Benchmark (GRESB) is a mission-driven and industry-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 140 institutional and financial investors to inform decision-making. For more information please visit: www.gresb.com.
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For further information, please contact:
DREAM IMPACT TRUST
Chief Financial Officer
Director, Investor Relations