Dream Hard Asset Alternatives Trust Investor Presentation: July 2014 - - PowerPoint PPT Presentation

Dream Hard Asset Alternatives Trust

Investor Presentation: July 2014

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This presentation may contain forward-looking information within the meaning of applicable securities legislation. 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 Dream or Dream Hard Asset Alternatives 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, regulatory risks, mortgage rates and regulations, environmental risks, consumer confidence, seasonality, adverse weather conditions, reliance on key clients and personnel and competition. All forward looking information in this press release speaks as of June 30, 201 4. Dream or Dream Hard Asset Alternatives Trust does not undertake to update any such forward looking information whether as a result of new information, future events or otherwise. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR (www.sedar.com).

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Forward Looking Information

Prior to starting Dream, Michael Cooper was the founder and portfolio manager of Dynamic Real Estate Fund, the first mutual fund in Canada to invest only in publicly traded real estate securities Michael recently gave up the position of CEO of Dream Office REIT, a position he had held since the founding of the business He is assuming the responsibilities of managing Dream Alternatives Trust (“DAT”) which will be a key strategic focus for Dream.

Michael Cooper – CEO & Founder of Dream | Portfolio Manager of Dream Alternatives Trust

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Dream – Who we are

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Dream – Who we are

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Dream Unlimited Corp.

(TSX: DRM) Dream Office REIT (TSX: D.UN) Dream Industrial REIT (TSX: DIR.UN) Dream Global REIT (TSX: DRG.UN)

$1 4.5 Billion of Assets Under Management

Land Development

Housing and Urban Development

Renewable Power

Largest Office REIT in Canada One of the Largest Dedicated Industrial REITs in Canada Largest Global REIT in Canada

Dream Hard Asset Alternatives Trust (TSX. DRA.UN)

“Best of DREAM” Fund for New Opportunities for Hard Asset Investments

View of Everything We Do at Dream from the Top-Down

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Dream’ s platform benefits DAT :

• Transaction expertise
• Capital markets expertise
• Track record of development & value creation
• Synergies realized across broad platform
• Asset management capabilities

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Dream Alternatives Trust | Our Platform

A key strategic focus for Dream is the build-out of our asset management capabilities. From the most senior levels, Dream is focused on ensuring DAT is a success and will utilize considerable resources to help existing unitholders achieve a positive outcome.

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The Importance of DAT

Our objectives are to :

• Provide an opportunity for unitholdersto invest in hard asset alternative

investments

• Build and maintain a growth-oriented portfolio of real estate, real estate

lending and infrastructure (including renewable power) assets

• Provide predictable andsustainable cash distributions to unitholderson a

tax efficient basis; and

• Grow and re-position the portfolio to increase the overall average rate of

return,providing the opportunity to increase the distributions to unitholders

• ver time

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Dream Alternatives Trust | Our Objectives

Dream Hard Asset Alternatives Trust is the “best of Dream fund” for new opportunities DAT will have the first right to invest in any opportunities that Dream manages, requiring capital from investors:  renewable power projects identified by Dream  all lending identified by Dream  and any development opportunities that Dream finds where it is not the developer

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Dream Alternatives Trust | The Opportunity

The Trust provides Dream with the opportunity to combine all of its activities, relationships and expertise into one fund that can deliver an initial expected yield of 4.0% (on net asset) plus growth in yield and/or assets and capital appreciation. DAT can invest in:  Income properties;  Real estate loans;  Real estate development; and  Infrastructure (renewable power) …to generate income with growth

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Dream Alternatives | the Opportunity

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Dream – Who we are

Based on low management fees and the expected re-investment of proceeds from investments, Dream believes that initial distribution yield of 4.0% (on net asset) can be sustained DAT is structured so that it has tremendous flexibility in that it does not need to comply with non-SIFT legislation or the MIC rules However, DAT has very favourable tax advantages as almost all of its distributions are return of capital. Under the structure that creates DAT, we can be very active in every investment we undertake As the non-producing assets are liquidated over time and re-invested, the Trust is expected to produce significantly higher current returns

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Our Objective

Once we have all of the Trust’s assets available for investment, we believe that future returns can be higher than they have ever been

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Conceptually, we could see an attractive portfolio mix being:

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Future Potential Returns

33% 33% 33%

Renewable Power

Income Properties

Traditional Loans Development Loans Real Estate Development

Dream has indicated that it will invest up to $50 million as lead order

• ver the next three years to help DAT grow, as it wants to align its

interests and also to earn higher overall returns with additional capital

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Dream Alternatives Trust | Aligned Interests

DREAM Unlimited Corp. Dream Global REIT Dream Industrial REIT

Dan Marinovic SVP Land & Housing Jason Lester SVP Urban Development George Valentini EVP & General Counsel Jane Gavan

President, Asset Management; CEO Dream Office; CEO Dream Global

Pauline Alimchandani CFO Michael Cooper CEO Mario Barrafato CFO Ana Radic COO Kevin Hardy SVP, Portfolio Management Sharon Mitchell

President, Dundee Realty Management

Andrew Reial SVP, Portfolio Management Paul Skeans SVP, Portfolio Management Rene Gulliver CFO Gerwin Holland

SVP, Chief Investment Strategist

Alexander Sannikov VP, Portfolio Management Cengiz Coelhan VP, Finance & Controlling Michael Schwöbel Director, Leasing Anne Braun

Executive Director, Asset Management

Randy Cameron President & CEO John Todd CFO Yanick Frappier SVP, Portfolio Management Joe Iadeluca SVP, Portfolio Management Nicholas Stryland VP, Eastern Industrial Leasing Mark Goehring

Associate Director, Strategic Asset & Projects

Bruce Traversy SVP

Dream Office REIT

Cecilia Williams VP & Controller

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Depth and Expertise of the Management Team – We Work Together to Create Value for all our Managed Entities

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Pauline Alimchandani CPA, CA, CFA

James Eaton Jane Gavan

• CFO –Dream Unlimited Corp
• Vice President, Research Analyst, Real Estate & REITs - BMO Capital Markets
• Assurance, Consulting & Deals - PricewaterhouseCoopers LLP
• President - Weatons Holdings Ltd.
• Board/Trustee Member - J.C. Clark Ltd., Defyrus Inc. True Patriot Love Foundation, Canadian Art Foundation, John David and

Signy Eaton Foundation

Joanne Ferstman CPA, CA

• Board Member – Dream Unlimited Corp., Dream Office REIT, Excellon Resources Inc., Aimia Inc., Osisko Mining Corporation
• President & CEO – Dundee Capital Markets Inc.
• Vice-Chair, Head of Capital Markets – Dundee Wealth Inc.
• President, Asset Management – Dream Unlimited Corp.
• CEO – Dream Office REIT, Dream Global REIT
• Board Member – Dream Unlimited Corp., Dream Office REIT, Dream Industrial REIT

David Kaufman CAIA

• Founder, President & CEO – Westcourt Capital Corporation
• Host/Writer/Contributor – BNN “Alternative Investing”, Financial Post “Alternative Investor”, CBC “Lang & O’Leary Exchange”
• Real Estate/Private Equity – Magna Golf Club, Menkes Developments, Lynx Equity

Andrew Lapham

• Executive Advisor – The Blackstone Group, Canada
• Private Equity/Hedge Fund - Onex Partners, Odyssey Partners, John A. Levin & Co.

Michael Cooper

• President & CEO –Dream Unlimited Corp.
• Board Member – Dream Unlimited Corp., Dream Office REIT, Dream Global REIT, Dream Industrial REIT, Atrium Mortgage

Investment Corporation

Experienced and Diverse Board of Directors

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Dream Unlimited Corporation Pauline Alimchandani Chief Financial Officer 41 6-365-5992 palimchandani@dream.ca Dream Hard Asset Alternative ves Trust Kimberly Lefever Senior Manager, Investor Relations 41 6-365-6339 klefever@dream.ca