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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 EstevanOutsideron Apr 05, 2024 4:58pm
79 Views
Post# 35973892

RE:RE:RE:RE:Approx. 1 million shares traded since Mar 27

RE:RE:RE:RE:Approx. 1 million shares traded since Mar 27i think his first option is just to be chatty with cooper who doesnt have any other huge investors in office to my knowledge. in the past he praised cooper. not sure how they feel today but could still be on relatively friendly terms. cooper's conflict of interest in my view is using the baby reits as business tools for his asset management business - although office is a small component of that. i think coop would be happier to double his money here and get an exit to fund DRM's pipeline initiatives. 

would love to see samir take control though. dream office to me is a $40 reit here, $35 would be under fire sale conditions in the current environment.
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