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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 May 07, 2024 8:23am
64 Views
Post# 36026461

RE:RE:MPCT sold two offices in Toronto subsequent to Q1

RE:RE:MPCT sold two offices in Toronto subsequent to Q1Thanks. Have been following transaction in the office market for the past year closely and generally like what I see. The biggest buildings are tough to sell because of interest rates but smaller and medium ones seem to be getting good prices still. Rezoning changes in Toronto sound like they will be helpful for Dream as not requiring a rebuild of offices will likely result in falling supply. Dream Office has the best office lands in Canada in my opinion, all nicely situated around the TTC in d/t Toronto.

Feeling good here and hope Cooper has some news for us about 438 University...
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