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

Dream Office Real Estate Investment Trust > DRM

<< Previous

Bullboard Posts

Next >>

Comment by Frankie10on Sep 12, 2023 4:16pm

87 Views

Post# 35632391

RE:RE:RE:DRM

I agree with you buyout is far from my base case.

Interesting that you think this is a controlled sale...my first thought was cascading marginal calls. Hard to think someone is willingly selling at this price.

That said, with respect to your rebuttal as to the unlikelihood of take private - I would note the unit price leading up to the SIB was a nasty downtrend.

cheers, Frankie

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario