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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 Gashole1on Jul 20, 2016 2:22pm
62 Views
Post# 25069555

RE:DONT BLAME ME

RE:DONT BLAME ME
snake123 wrote: Blame Derek. Derek Warren is the most reknown REIT expert around today. He was pumping Dream for years. Now he gives it a BIG DONT BUY. He recognizes this reit is nothing but a ponsy sceme. Selling good properties, taking big hair cut, gonna be left with a sh!tty portfolio and a high payout, as they use that cash to.......pay down cheap debt!! A big "DONT BUY" from Derek Warren: "A Canadian office REIT with a lot of Calgary exposure. Recently announced that they are doing a transition in the company, and immediately want to sell one 3rd of their portfolio, doing a CapX and then selling another 3rd, and only maintaining a 3rd of their properties. That is a lot of moving pieces and he doesnt know what the value of their properties actually is." Read more at https://www.stockhouse.com/companies/bullboard/t.d.un/dream-office-real-estate-investment-trust#4PJ965iQkqluMSKK.99

Then stop complaining when it drops... Its up today, take your money and run. I have been out for weeks, and like I said before, I like it better around $16 then its starting to look attractive again, but then again who knows how all the cards are going to fall... This thing is build like a house of cards, and someone just pushed it over... how will the cards turn out? Bit of a cr ap shoot if you ask me. There are better reits if you like reits. 
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