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.

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Dream Office Real Estate Investment Trust > ITS ABOUT TO GET UGLY

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Comment by Reece1986bon Dec 06, 2022 11:34am

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Post# 35153469

RE:RE:RE:RE:RE:RE:RE:RE:ITS ABOUT TO GET UGLY

Dream Industrial might have a good Q1 with the GIC/DIR Summit Industrial acquisition finalized, European industrial rents increasing due to European inflation indexation, and better clarity on the contribution to the bottom line that managing the GIC properties will provide DIR. Is it wishful thinking on my part to think that maybe Cooper thinks he can get a bit more for the DIR.UN units if he waits a bit before selling?

Artis no longer buying is equally strange to me. They are sitting on way more cash than is necessary to fund an entire year's NCIB.

Cominar was a much larger REIT acquired by an investor consortium. Artis/Sandpiper/Dream Unlimited already own a significant portion of Dream Office.

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