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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 > TIME FOR ARTIS TO GAIN CONTROL
View:
Post by garyreins on Apr 20, 2024 2:10pm

TIME FOR ARTIS TO GAIN CONTROL

And restore proper value $40 a share.  Yonge Street buildings can sell over 500 sq ft easy in any environment.
Comment by EstevanOutsider on Apr 20, 2024 8:18pm
I suspect Dream Office likely raises aorund $500 million (before fees etc) for the sale of their 3 buildings that we know about. Factor in they own 4.8% of Dream Industrial and that can cover over half their current debt. Not sure what the short thesis is here. If Cooper pulls off any sales and I believe he will based on his prior comments, the shorts stuck are going to get an eye popping blowout ...more  
Comment by garyreins on Apr 20, 2024 8:35pm
" raises aorund $500 million" - net mortgages, dare I say, have enough funds to take it private with artis? public float is around 200m at $23/share
Comment by jmkOttawa on Apr 22, 2024 7:38am
Perhaps the most undervalued REIT in the Canadian REIT space, especially considering the location and quality of the assets. I would not want to be short.
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