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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 garyreins on Apr 22, 2024 9:51am

If D is so undervalued

And they can sell assets for 500/sq foot, why is DRM not buying hand over fist.  easy 15-20% gain  from these levels? i mean, its good they did start buying, but probably only to fend off manji
Comment by EstevanOutsider on Apr 23, 2024 12:45am
downtown core likely min. $425-600 psf. not the rest of the portfolio.
Comment by colombuss on Apr 23, 2024 3:46am
Hard to say, but yes recent prices go even higher, if there is development potential. Besides that if Dream continues to buy, it remains to be seen, Artis is obviously still doing it, its a reversal off the story to a complete 180 degree uturn. From inside selling to buying. From big supply to squeeze. To insiders seeing a turn in the office market. I still belive we need to go to 2027 to really ...more