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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

Post by SNAKEYBOYon Jun 23, 2023 10:44pm
209 Views
Post# 35512525

Next Steps 4 D are obvious to me..r they obvious to Coopa?

Next Steps 4 D are obvious to me..r they obvious to Coopa?Asset sales are must. I'm  not talking about dismantling the beautiful collection of downtown assets that work well as a portfolio.....simply choose a couple that they can do without and even sell the non-downtown ones at a discount if needed.

Improve balance sheet substantially and ensure the NCIB can run indefinitely.

Sell DIR whenever it comes back to life around $15.

Simple structure - just downtown office with rezoning potential, solid balance  sheet, funds to support a NCIB to mop up the shares and the float continues to evaporate over the next decade.  Thats all it will take to get us to $25+ when reits  start rebounding.
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