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

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Dream Office Real Estate Investment Trust > UNIVERSITY ASSET SALE

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Post by garyreins on Jul 17, 2024 10:04am

UNIVERSITY ASSET SALE

Does anyone find it odd that there's no PR regarding the sale? I suppose its just in negotiation. The only mention of it is this article and its questionable how accurate the facts are "the buzz"

https://greenstreetnews.com/article/dream-office-selects-buyer-for-438-university-avenue/

What A government department is in the process of acquiring the Class-A office tower
Why The buzz is the valuation being negotiated would generate a 7.25% initial annual yield
What next Infrastructure Ontario is an anchor tenant and occupies over 191,000 sq ft

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