BRIEF-Dream Global REIT announces $85 mln equity offering

Thu Jul 14, 2016 4:51pm EDT
 
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July 14 (Reuters) - Dream Global Reit

* Dream global reit announces $85 million equity offering and intention to redeem convertible debentures

* To sell 9.5 million units of trust on a bought deal basis at a price of $9.00 per unit

* To use proceeds from offering to partially fund acquisition of two office properties located in trust's target markets in germany

* Portion of net proceeds from offering is used to fund redemption of 5.5% convertible debentures, among other things Source text for Eikon: Further company coverage: )