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

Dream Office Real Estate Investment Trust

Bullboard Posts

Comment by Marc24on Jan 20, 2016 7:38pm

90 Views

Post# 24478930

RE:RE:RE:RE:RE:RE:RE:Observations on possibility of a distribution cut

Pokerchamp wrote:
Wonder what % insiders and their friends hold. If they were to buy the REIT it would be in their interest to get the lowest price possible.

I would love to know the answer to that one. Cooper owns just over a million units directly. However he is a big owner of dream unlimited and they own a slew of units including some interesting special class convertible units. This opaqueness around related ownership is the single biggest frustration to me with the dream family of trusts. It is a very murky structure and one with few public details.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload