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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 charmed3timeron Aug 06, 2015 7:02pm
151 Views
Post# 23996265

RE:There you go, f*ckers!

RE:There you go, f*ckers!
Everything looks good. Very Conservative balance sheet, payout ratio 87% = very stable distributions. Alberta concerns are overblown...

In-place and committed occupancy remain stable in majority of the REIT's markets: At Q2 2015, in-place and committed occupancy remained strong at 92.8%, with all regions remaining stable or experienced marginal growth when compared to prior quarter, except for Calgary downtown where it decreased 1.5% to 88.2%. The decrease in in-place and committed occupancy in Calgary downtown was mainly due to a tenant that downsized from 87,400 square feet to 61,700 square feet during the quarter. Calgary suburban experienced 70 bps increase in in-place and committed occupancy to just over 90% at the end of Q2 2015.
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