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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 21, 2023 1:16pm
108 Views
Post# 35507535

RE:RE:RE:Eglington Development and Sum of Parts

RE:RE:RE:Eglington Development and Sum of PartsI think the remaining DIR units are secured against the 2025 credit facility. Maybe it would make sense to use those remaining DIR units to pay down the 2025 debt if Dream Office can eventually get a more reasonable price for the remaining DIR units. Dream Office previously mentioned that the 2023 debt is largely the mortgage attached to their 30 Adelaide headquarters which they did not think should pose much refinancing risk.
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