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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 Reece1986bon Jun 12, 2023 5:57pm
83 Views
Post# 35492412

RE:100% tender

RE:100% tenderI think Dream Office being bought shortly after the SIB is unlikely. The remaining DIR units are pledged against the large credit facility so Dream Office would probably need to sell 2-3 properties in order to gain access to them. I think we'll see a second SIB using the remaining DIR units before we see a buyout since it will greatly reduce the amount of capital the buyers would need to put up.

SNAKEYBOY wrote: I'll do a 100% tender of all my shares if REITS tank in next few days based on cpi or fed. Seems like a cautious play.  If d.un doesn't go back down after I can likely buy HR in 9s and Riocan at $18.  My question is what is likelihood there's a formal buyout after the SIB? 


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