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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

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Post by BlueJay2020 on Dec 27, 2023 2:52pm

A bullish sign?

Up a couple of percent on the last tax loss selling day - below average volume, although you'd usually expect that in the Christmas period.  It's always an interesting time of year when you find out where people are placing their bets using proceeds from tax loss sales.  It seems to me that Dream Office has already been a beneficiary of this in December, and my sense is that this will continue in January.
Comment by EstevanOutsider on Dec 28, 2023 1:09am
very bullish in my view. very few units for grabs at current price. dream will move quickly. let's see how january brings. an asset sale or two could send d.un up 50% +++  just look at the price H&R got for their toronto office last week @ $485 psf dream at $340 for d/t toronto core leaves tons of upside on the table
Comment by BlueJay2020 on Dec 28, 2023 11:08am
I added another 2,000 shares yesterday at $10.20.  Now holding 15,500 across 2 accounts at an average of $11.18. I do wonder if a sale or two, and then another SIB is on the cards.
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