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Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s):  DRETF

Dream Office Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust. The Trust owns central business district office properties in various urban centers across Canada, with a focus on downtown Toronto. The Trust owns and manages 3.5 million square feet of office land in downtown Toronto. Its objectives include managing its business and assets to provide both yield and growth over the longer term. Its properties are located across Adelaide Place, Toronto; 30 Adelaide Street East, Toronto; 438 University Avenue, Toronto; 655 Bay Street, Toronto; 74 Victoria Street/137 Yonge Street, Toronto; 36 Toronto Street, Toronto; 330 Bay Street, Toronto; 20 Toronto Street/33 Victoria Street, Toronto; 250 Dundas Street West, Toronto; 80 Richmond Street West, Toronto; 425 Bloor Street East, Toronto; 212 King Street West, Toronto; 357 Bay Street, Toronto; 360 Bay Street, Toronto; 350 Bay Street, Toronto; 56 Temperance Street, Toronto; and 6 Adelaide Street East, Toronto.


TSX:D.UN - Post by User

Comment by BullishBaytixon May 15, 2016 5:21pm
48 Views
Post# 24875231

RE:1 month performance

RE:1 month performance
snake123 wrote: Since April 15, as per the compare feature on google finance....XRE REIT sector ETF: +3.93%, DREAM OFFICE: -7.54%. That is one simply DISGUSTING trend. I have to believe that they will resume the NCIB sometime this year. They are just prioritizing debt at the moment, or maybe it would appear, they didn't like the big 20% pop to $20+ and believe the share price will roll back over to $14-18, which it seems to be doing. Gavan must believe this also to dispose of $1mil deferred share value at $20.xx. Whenever they resume the NCIB, I hope it's not that 25,000 share a day bullsh!t. They should tender all shares under $20 so long as their's sellers, so that's a solid floor. Then resume daily 25,000 shares from $20-24.

I question if they will do this. They seem to have another adjenda at this time.. perhaps that will change with next quarters results and the buybacks will be rolling out..... Im going to hold for at least another quarter to see how they are executing but Im honestly sort of neutral on them right now. 
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