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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 themangokidon Feb 27, 2016 8:55am
88 Views
Post# 24601365

RE:RE:WOW!

RE:RE:WOW!
selling a portion of their scotia plaza ownership will not be a surprise. management signaled that this is a possibility/probability during the conference call:

Mark Rothschild

I think you answered a question in your presentation, but I want to make sure I’m clear. In the asset sales, are you considering selling even a partial interest in any of the core assets? And in particular, does that mean that you’re not looking to consider selling any part of Scotia Plaza?

Michael Cooper

What I said specifically, Mark, was, I’m going to find it, wait a second, I think what I was saying was we weren’t going to sell any portion of the assets we own 100% of and that was a way to say that we own two-thirds of Scotia Plaza now and we may make some changes to that in conjunction with our partner. So there you got it.

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