GREY:CRIUF - Post by User
Comment by
ALeon89on Aug 16, 2018 1:45pm
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Post# 28473206
RE:RE:RE:RE:RE:ROC
RE:RE:RE:RE:RE:ROCYou're right that DIR has diversified into the US. DIR also has a new CEO (Brian Pauls) who comes from a real estate family. His family company (PaulsCorp) is an industrial real estate developer in the US and it will likely prove to be a nice pipeline for vend-in acquisitions to the REIT. I have met Brian a couple times and he's a great guy, should increase the capital markets presence. In terms of a buyout of DIR, I wouldn't count on it any time soon. DIR is one of a couple REITs under the Dream Asset Management platform and it seems they are placing a higher emphasis on the buyout of Dream Office units. GLTA