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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

Post by EstevanOutsideron Apr 05, 2024 6:27pm
130 Views
Post# 35974062

quiet catalyst few focusing on for D.UN could be coming

quiet catalyst few focusing on for D.UN could be comingand involve zoning changes. dream has 3.3 million square feet of zoning in toronto. cooper said he thinks the value could more than double if the city of toronto abolishes the requirement to rebuild some offices there. with the fed budget focused on housing, i know cooper is working and providing advice to the govt along with olivia chow. could expedite some joint ventures on dream's development properties and help cooper raise liquidity withiout selling assets.

imho it could be an important catalyst for dream office which is not recognized yet for its condos.
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