Bullboard - Stock Discussion Forum Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s): DRETF

Real Estate REIT - Office

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

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TSX:D.UN - Post Discussion

Dream Office Real Estate Investment Trust > Trevor Rose's Insights - BUY

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Post by Possibleidiot01 on Apr 05, 2024 7:35pm

Trevor Rose's Insights - BUY

BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

It has been a tough environment for REITs in general, although industrial REITs have been holding up better than the rest. DIR.UN has a strong free cash flow yield, it offers a distribution yield of 5.4%, and has a high occupancy rate of 96%. Its FFO/debt ratio has been climbing over the years, signalling its funds from operations have been growing relative to its debt load. We would be comfortable buying DIR.UN for a long-term hold.
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property mngmnt / investment