Company Dream Office Real Estate Investment Trust

Equities

D.UN

CA26153P2035

Commercial REITs

Market Closed - Toronto S.E. 04:00:00 2024-03-28 pm EDT 5-day change 1st Jan Change
16.25 CAD +0.62% Intraday chart for Dream Office Real Estate Investment Trust +2.33% -22.47%

Business Summary

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 yield and growth over the longer term. Its properties are located across Adelaide Place, Toronto; 30 Adelaide Street East, Toronto; 438 University Avenue, Toronto; 655 Bay Street, Toronto; 74 Victoria Street/137 Yonge Street, Toronto; 36 Toronto Street, Toronto; 330 Bay Street, Toronto; 20 Toronto Street/33 Victoria Street, Toronto; 250 Dundas Street West, Toronto; 80 Richmond Street West, Toronto; 425 Bloor Street East, Toronto; 212 King Street West, Toronto; 357 Bay Street, Toronto; 360 Bay Street, Toronto; 350 Bay Street, Toronto; 56 Temperance Street, Toronto; and 6 Adelaide Street East, Toronto.

Number of employees: 500

Sales per Business

CAD in Million2022Weight2023Weight Delta
Rental
60.6 %
120 61.2 % 115 60.6 % -3.96%
Common Area Maintenance and Parking Services
38.5 %
74 37.8 % 73 38.5 % -1.24%
Property Management and Other Service Fees
1.0 %
2 1.0 % 2 1.0 % -7.72%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
76.2 %
139 70.8 % 145 76.2 % +4.45%
Other Markets
27.5 %
43 22.1 % 52 27.5 % +20.53%
Not Segmented
-3.7 %
14 7.1 % -7 -3.7 % -151.00%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 03-06-29
Director of Finance/CFO - 18-09-13
Chief Operating Officer - 10-12-31
Director/Board Member 64 14-05-07

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 03-06-29
Chief Executive Officer 63 03-06-29
Director/Board Member 49 15-05-06
Director/Board Member - 21-06-06
Director/Board Member 46 22-05-31
Director/Board Member - 16-03-20
Director/Board Member 64 14-05-07

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 16,313,022 4,178,570 ( 25.61 %) 0 25.61 %

Shareholders

NameEquities%Valuation
1,909,241 11.70 % 22 M $
1,561,863 9.574 % 18 M $
202,586 1.242 % 2 M $
Bloom Investment Counsel, Inc.
0.9651 %
157,432 0.9651 % 2 M $
Scotia Managed Companies Administration, Inc.
0.9218 %
150,377 0.9218 % 2 M $
Newport Private Wealth, Inc.
0.7341 %
119,750 0.7341 % 1 M $
Middlefield Capital Corp.
0.6651 %
108,500 0.6651 % 1 M $
Brompton Funds Ltd.
0.5518 %
90,024 0.5518 % 1 M $
Stanton Asset Management, Inc.
0.3267 %
53,296 0.3267 % 613 117 $
Manulife Investment Management Ltd.
0.2952 %
48,156 0.2952 % 553 987 $
NameEquities%Valuation
2,616,911 50.00 % 30 M $

Holdings

NameEquities%Valuation
Dream Industrial LP
100.00%
18,551,855 100.00% 173,459,844 $
7,487,451 2.74% 70,007,667 $

Company contact information

Dream Office Real Estate Investment Trust

State Street Financial Centre 30 Adelaide Street East

M5C 3H1, Toronto

+416 365 3535

http://www.dream.ca/office
address Dream Office Real Estate Investment Trust(D.UN)

Group companies

NameCategory and Sector
WR Trust
Investment Trusts/Mutual Funds
LCH Properties LP
WR Master LP
Whiterock Property LP
Dundee Realex Holdings LP
Whiterock Sussex Centre Mississauga, Inc.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
16.25 CAD
Average target price
17.89 CAD
Spread / Average Target
+10.09%
Consensus

Quarterly revenue - Rate of surprise