RE:End gameIt's unfortunate Dream Office doesn't list mortgage debt property-by-property so we would have a better idea what selling 1-2 properties might do for liquidity. Maybe the restaurants that Dream Office will soon be bringing to Downtown Toronto will help improve occupancy to the point that some buildings could be of interest to a buyer. I'm still struggling to understand why Adelaide Place does not have at least portfolio average occupancy but maybe the new restaurant will help with that. The Eglinton development seems like something that would be perfect for Dream Unlimited to buy. Dream Office could really use that liquidity. I feel some of these Dream REITs try to do too much (as does Artis). I'd rather see them each focus on what they are best at.
SNAKEYBOY wrote: These guys need to sell 1 or 2 more buildings at NAV and DIR and it's a privatization and improving debt or stands the same. I strongly feel they'll do one more by end of year, then DAM and Sandpiper pay a decent price for the very tiny amount left... if any. Good chance this happens between $16 and 22.