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Bullboard - Stock Discussion Forum 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... see more

TSX:D.UN - Post Discussion

Dream Office Real Estate Investment Trust > PUTTING IT ALL TOGETHER
View:
Post by SNAKEYBOY on Dec 05, 2022 9:18pm

PUTTING IT ALL TOGETHER

Artis stopped buying on August 15 at $19.xx, and has around 5,625,573 units that includes Sandpiper.

DAM and NCIB stopped at practically the same time...Oct 12.

They reported their NAV as $33.xx ending Q3.  There's a 55% discount.

Maybe they are waiting for a $14.00 price, ARITS/DAM make a privitization bid for $20-23 (30%+ premium to trading price).   This thesis makes sense.

Stoppping buying for no rhyme or reason by all 3 parties....doesn't.
Comment by Catchtherally on Dec 05, 2022 10:26pm
I hope so and I hope it can be done before year end.
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