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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 > Obvious tax loss selling and capitulation in office reits
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Post by garyreins on Oct 26, 2023 11:39am

Obvious tax loss selling and capitulation in office reits

Not worth a 40% dive in 2 months because 10 year ticked up a bit, if nothing else it means the economy is strong
Comment by Reece1986b on Oct 26, 2023 12:54pm
Dream Office is having a *very* good day so far today while the broader market struggles. Surprisingly strong, really. There must surely be some price at which large players will view this as worth buying much like we are seeing with Artis.
Comment by garyreins on Oct 26, 2023 1:23pm
Im not reading too much into  todays "strength" but I do think selling has exhausted itself and volume is drying up a bit.  nothing can go down forever.....welcome back reece.  still owning artis?
Comment by Reece1986b on Oct 26, 2023 1:29pm
I had to sell my Artis to make 100% sure my losses were under control after the beating I've taken on Dream Office. I sold other holdings too such as Dream Unlimited and H&R so it wasn't because I have anything against Artis - just trying to control how much exposure I had to losses on REITs and it seemed to make sense to sell REITs which were outperforming at the time I sold them (AX  ...more  
Comment by garyreins on Oct 26, 2023 1:44pm
Good move if you got out higher. Looks like many bulls have capitulated lately on this downturn.  It's tough to sit in there but I think I can ride it out
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