An unknown buyer agreed to acquire 700 De La Gauchetière Street West from Dream Office Real Estate Investment Trust (TSX:D.UN) for approximately CAD 320 million on June 10, 2019. In addition, the Dream Office Real Estate Investment Trust is in advanced negotiations to sell its property in Ottawa, Ontario. The transaction is subject to customary closing conditions and expected to close in the third quarter of 2019. The net proceeds will be used to repay debt, invest in Dream Office Real Estate Investment Trust’s capital and development program and potentially repurchase units on an opportunistic basis. An unknown buyer cancelled the acquisition of 700 De La Gauchetière Street West from Dream Office Real Estate Investment Trust (TSX:D.UN) on June 10, 2020.