Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > My friend asked me
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(22)
•••
Comment by MTLfinecityon Sep 12, 2023 10:18pm
67 Views
Post# 35632965

RE:RE:RE:My friend asked me

RE:RE:RE:My friend asked meOk, this bullish statement makes no sense

1. You are buying a non controlling interest in a piece of real estate, so there is no way this sells at full value unless a takeover happens.

2. Why compare Toronto to US cities? completely different geographies. Canadians REITs didnt get a big selloff while US REITs were falling 10% a day. FFO wise Canadian and us office REITs are traidng at similar multipls now.


Welcome to the public market , stop using private market metrics and multiples 


Reece1986b wrote: Well said. The $372 CAD/foot for prime Toronto real estate at $1 CAD = .738 USD means $372 CAD = $275 USD. That's $275 U.S. dollars per foot for prime Toronto real estate. No U.S. regional bank exposure. Massive Toronto/GTA immigration tailwind. Seems like a much better deal than U.S. office real estate to me. 




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities