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.

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Dream Office Real Estate Investment Trust > CIBC comments after conference

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Comment by Robert1on Feb 18, 2024 1:30pm

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Post# 35886755

RE:CIBC comments after conference

I bought a wee bit at 8.5 for a bounce and sold at 9.5 due to weaking economy generally.

I think the most likely case is the 'staglationary environment' mentioned above. If you use a proper GDP deflator, we have been in stagflation for years now. Have no idea about their $5 target, but stagflation will continue to hit businesses and therfore these REITS hard. XRE is the safer way to play, and only use a small % if investing in this name. Good luck,

Robert

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