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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 VerusSemperSorson Jun 01, 2015 12:53pm
226 Views
Post# 23784985

RE:RE:SP

RE:RE:SPThe B-S of which you speak (job #s & int rate speculation) must be cause of SP drop. Top tenants are the Government of Canada, BNS, Government of Ontario, BCE, Government of Quebec, Enbridge, Telus, Government of Saskatchewan, State Street Trust Company, Government of Alberta, etc. I don't think any of these organizations are shutting down because the NDP came to power in Alberta. Even the government of Alberta, which has taken the direct hit from the election, should survive as a tenant. In fact you could make the case that they will be greater kleptomaniacs than they have been in decades and will be able to pay their rent and more. So I think interest rate fears are behind the drop to $26. But what caused the pop to $28.50 and should we expect a rebound back to that level?
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