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

Add To Watchlist

TSX:D.UN - Post Discussion

Dream Office Real Estate Investment Trust > PAST 6 MONTHS

View:

Post by SNAKEYBOY on Apr 21, 2023 12:28pm

PAST 6 MONTHS

DIR UP 40%....D DOWN 20%. I THOUGHT THE MARKET WAS SUPPOSED TO BE efficient. There should be a modest correlation between DIR and D movements on a % of market cap at these levels.

Maybe not so much when D was $20+

139

Comment

Comment by Reece1986b on Apr 21, 2023 12:39pm

DIR stake is worth $390M+. Every 1% move in DIR is literally $3.9M more value for D were the position to be sold. D has become such a small REIT at this lower D unit price that every 1% move in the unit price of DIR is worth over 0.6% of the public market value of D (e.g. $3.9 million divided into the ~$620 million market cap of D). I'm am equally excited about the upcoming DIR Q1 ...more

133

Comment