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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 > Another good question to ask
View:
Post by SNAKEYBOY on Sep 12, 2023 1:02pm

Another good question to ask

DAM was buying 5k a day around $13 for 6 days. Why have they stopped? What was the point of putting $400k back in
Comment by MTLfinecity on Sep 12, 2023 1:08pm
Yah, all the buying has stopped and no buyback. My gut feeling is that some sort of deal might be announced soon. 
Comment by SNAKEYBOY on Sep 12, 2023 1:15pm
Maybe the traders are shorting it so the "buyout" price looks more generous down here
Comment by Reece1986b on Sep 12, 2023 1:30pm
Dream Unlimited still has a very large Dream Office position and this poor Dream Office performance is sure to drag it down as well should it continue. I don't know why the NCIB wouldn't be running. It seems very strange to convince unitholders that $15.50 was a good price to run a SIB at and then not run the NCIB under $12. There is plenty of money to run the NCIB either from credit lines ...more  
Comment by Frankie10 on Sep 12, 2023 3:20pm
Go-private deal? If DRM were to acquire Dream Office at a bid of $20, would *enough* unitholders accept? It would be a great chess move by Cooper. However, it would not be good for long-time unitholders who have watched their wealth dissolve, only to then be acquired for far below what they originally paid for the stock. Hopefully unitholders put up a fight - all I hear is the properties ...more  
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