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Bullboard - Stock Discussion Forum 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... see more

TSX:D.UN - Post Discussion

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Post by colombuss on Mar 31, 2024 10:09am

Realistic view

But if general vacancy will fall too 10% , and 10 million sq feet off class C, will be hard to fill. Dosent that create a much lower vacancy for Dream Offices quality buildings?

https://www.cbre.ca/insights/articles/toronto-outlook-2024

He mentions a general recovery from 2 qrt, while Dream Office has been taking market share, and are already reducing their vacancy dramatically.

Big chance shorts dont have much more off their limelight left. If any.
Comment by colombuss on Mar 31, 2024 4:30pm
This is already confirmed by this fact: Office utilization rates in Toronto downtown continue to improve gradually each quarter. Year-over-year, our downtown Toronto in-place occupancy rate improved from 82.7% to 85.4% and in-place and committed occupancy improved from 87.7% to 89.0%. This compares favourably to general downtown Toronto market statistics published by CBRE research(6) where ...more  
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