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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 EstevanOutsideron Sep 12, 2023 10:48am
74 Views
Post# 35631421

RE:Wow

RE:Wowsame here. low volume capitulation and no bid. reit bros won't touch it, most have been traumatized by owning it and other reits. meanwhile, saw a chart this morning showing continued office occupancy climbs in the US & bofa recommends "overweight" for real estate exposure. i just dont see how it can fell further at $290 psf for a mainly downtown toronto portfolio. even if u r bearish obvious, u have to recognize the value for alternative uses of the buildings - most of which are connected to the toronto ttc system. 
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