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Dream Office Real Estate Investment Trust (D_u.TO)

D_u.TO on Toronto Stock Exchange

23.83CAD
16 Oct 2018
Change (% chg)

$0.00 (+0.00%)
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Volume
125,576
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$26.01
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Latest Key Developments (Source: Significant Developments)

Dream Office REIT Announces Intention To Commence Substantial Issuer Bid
Thursday, 22 Mar 2018 05:34pm EDT 

March 22 (Reuters) - Dream Office Real Estate Investment Trust ::DREAM OFFICE REIT ANNOUNCES INTENTION TO COMMENCE SUBSTANTIAL ISSUER BID AND ANTICIPATED AMENDMENTS TO ITS REVOLVING CREDIT FACILITY.DREAM OFFICE REIT - WILL OFFER TO PURCHASE UP TO 10 MILLION OF ITS OUTSTANDING REIT UNITS, SERIES A FOR $24.00 PER REIT A UNIT IN CASH​.DREAM OFFICE REAL ESTATE INVESTMENT TRUST - ‍IS IN ADVANCED NEGOTIATIONS TO INCREASE AND EXTEND ITS PRIMARY REVOLVING CREDIT FACILITY​.DREAM OFFICE REAL ESTATE INVESTMENT TRUST - ‍CREDIT FACILITY IS EXPECTED TO INCREASE FROM $400 MILLION TO $575 MILLION & IS EXPECTED TO MATURE ON MARCH 1, 2021​.  Full Article

Dream Office REIT Quarterly FFO Per Share C$0.40
Thursday, 22 Feb 2018 05:19pm EST 

Feb 22 (Reuters) - Dream Office Real Estate Investment Trust ::DREAM OFFICE REIT REPORTS YEAR-END RESULTS AND APPOINTMENT OF MICHAEL J. COOPER AS CHIEF EXECUTIVE OFFICER.QUARTERLY FFO PER SHARE C$0.40.  Full Article

Dream office real estate investment trust - qtrly ffo (diluted) per unit $0.48‍​
Thursday, 9 Nov 2017 05:25pm EST 

Nov 9 (Reuters) - Dream Office Real Estate Investment Trust :Dream Office REIT reports third quarter results and substantial completion of disposition program.Dream Office Real Estate Investment Trust - qtrly FFO (diluted) per unit $0.48‍​.  Full Article

Dream Office REIT renews normal course issuer bid
Thursday, 10 Aug 2017 05:07pm EDT 

Aug 10 (Reuters) - Dream Office Real Estate Investment Trust -:Dream Office REIT renews normal course issuer bid.Dream Office Real Estate Investment Trust- ‍will have ability to purchase for cancellation up to a maximum of 7.2 million of its reit units, series a​.Dream Office Real Estate Investment Trust- ‍bid will commence on August 15, 2017 and will remain in effect until earlier of August 14, 2018​.  Full Article

Dream Office announces sale of $1.7 bln of properties
Thursday, 22 Jun 2017 04:11pm EDT 

June 22 (Reuters) - Dream Office Real Estate Investment Trust ::Dream Office announces sale of $1.7B of properties with $1.4B sale to KingSett, including interest in Scotia Plaza, announces $440M substantial issuer bid and revision of distribution.Dream Office Real Estate Investment Trust - to revise Trust's distribution from $1.50 per unit to $1.00 per unit, on an annualized basis.Dream Office Real Estate Investment Trust- originally anticipated that it would take three years to sell $1.2 billion of assets.Dream Office Real Estate Investment Trust- now expect that we will be able to sell $3.2 billion in 18 months.Dream Office Real Estate Investment Trust - gross disposition price for trust's 50% interest in Scotia Plaza is $750 million.Dream Office Real Estate Investment Trust - estimated debt-to-gross book value will be approximately 43% upon repayment of credit facility.Dream Office REIT - "estimate we will have over $300 million of cash to continue to execute on value-add initiatives for business and unitholders".Dream Office Real Estate Investment Trust - additional assets for sale include about $740 million of properties identified as private market assets or value-add assets.Dream Office REIT - if all properties under contract are sold, expects to receive net proceeds of about $970 million during Q3 and Q4 of this year.Dream Office Real Estate Investment Trust - revising distribution to retain maintenance capital for capital expenditures, generate investment capital.  Full Article

Dream Office REIT reports first quarter results
Thursday, 4 May 2017 03:45pm EDT 

May 4 (Reuters) - Dream Office Real Estate Investment Trust :Dream Office REIT reports first quarter results and provides progress update on strategic plan.Dream Office Real Estate Investment Trust - diluted FFO on a per unit basis for three months ended March 31, 2017 was $0.59.Dream Office Real Estate Investment Trust - continues to maintain liquidity of approximately $500 million to execute on its strategic plan.  Full Article

Dream Office REIT enters agreements to sell commerce west in Etobicoke, Ontario
Wednesday, 19 Apr 2017 05:13pm EDT 

April 19 (Reuters) - Dream Office Real Estate Investment Trust -:Dream Office Real Estate Investment Trust - entered into agreements to sell commerce west in etobicoke, ontario.Dream Office Real Estate Investment Trust - share of expected gross consideration, before transaction costs, adjustments, is about $38 million from deal.  Full Article

Dream Hard Asset Alternatives Trust agrees to sell ownership interest in Commerce West, Ontario
Wednesday, 19 Apr 2017 05:12pm EDT 

April 19 (Reuters) - Dream Hard Asset Alternatives Trust ::Dream Hard Asset Alternatives Trust - entered into an agreement to sell its ownership interest in commerce west in Etobicoke, Ontario.Dream Hard Asset Alternatives Trust - co's share of expected gross consideration, before transaction costs, and closing adjustments is about $57 million.Dream Hard Asset Alternatives Trust - commerce west in Etobicoke, Ontario is co-owned with Dream Office REIT and considered non-core to co's strategy.Dream Hard Asset Alternatives Trust - transaction is expected to close in q2 of 2017.  Full Article

Dream Office REIT enters into agreements to sell certain properties
Monday, 6 Mar 2017 05:40pm EST 

Dream Office Real Estate Investment Trust : Entered into agreements to sell certain properties in greater Toronto area west and New Brunswick .Co's share of gross leasable area is about 408,000 square feet and share of expected gross consideration is about $86.4 million.  Full Article

Dream Office REIT reports qtrly diluted FFO per unit $0.59
Thursday, 23 Feb 2017 06:07pm EST 

Dream Office Real Estate Investment Trust : Dream Office REIT reports 2016 year-end results and provides progress update on disposition program and strategic plan .Qtrly diluted ffo per unit $0.59.  Full Article

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Dream reward Hayes with multi-year extension

Atlanta Dream guard Tiffany Hayes signed a multi-year extension on Tuesday, the club announced.