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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 InvestSmarteron Sep 08, 2023 10:51pm
75 Views
Post# 35627327

RE:Not sure if this is possible

RE:Not sure if this is possible

Dumping FCR and taking over Dream Office at these prices would be incredibly smart. D's Toronto Assets cannot be bought in the private market, especially anywhere near today's prices. It wont even take very much capital as they could leverage the properties, similar to a strategic aquisition in a related party like IRIS.

 

SNAKEYBOY wrote:
But if Artis AND Sandpiper dump FCR entirely for a ~200m, and Artis is able to get a postive quick strategic review outcome by finding a buyer, Dream Office (if they still believe in the value) should be their target. They own 5.5m shares combined and could easily mop up the remaining 25m public float for this $11-12 handle

 

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