Operator

Good morning, ladies and gentlemen. Welcome to the Dream Office REIT Q1 2026 Conference Call for Friday, May 8, 2026.

During this call, management of Dream Office REIT may make statements containing 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 Office REIT's control that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. Additional information about these assumptions and risks and uncertainties is contained in Dream Office REIT's filings with securities regulators, including its latest annual information form and MD&A. These filings are also available on Dream Office REIT's website at www.dreamofficereit.ca.

[Operator Instructions] Your host for today will be Mr. Derrick Lau, Senior Vice President, Portfolio Management of Dream Office REIT. Mr. Lau, please go ahead.

Siu-Ming Lau
Chief Financial Officer

Thank you, operator, and good morning, everyone. Joining me on today's call are Michael Cooper, CEO; Jay Jiang, CFO; and Kingsley Foris, Director, Asset Management.

I'll provide an overview of the quarter before turning it over to the team. We continue to see good momentum in the Canadian office sector. Positive net absorption was experienced for a third straight quarter, with national