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.

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Dream Office Real Estate Investment Trust > FOR WHAT IT'S WORTH

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Comment by colombusson Apr 05, 2024 6:22pm

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Post# 35974054

RE:FOR WHAT IT'S WORTH

I dont see buyubacks happening any time soon either. Drea Office needs to reduce debt, both for reducing leverage, secondly for freeing capital for residential developments.

Capital needs are so huge, that it will take many yesrs, before a buyback, as I see it.

Only potential buyback I see, is a full sale off the reit. And here I see Cooper waiting for at least 2025, or maybee 2027, where he could posssibly getg full nav.

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