3 stories mentioning D-UN.TOUpdated 1h ago
Every FINWIRES story that references D-UN.TO, newest first.
Dream Office Real Estate Investment Trust (D-UN.TO) on Friday declared a June 2026 monthly distribution of $0.08333 per REIT Unit, Series A, payable on July 15, to unitholders of record as at June 30.The latest dividend is unchanged from the prior month.Shares of the company were last seen down 0.3% at $17.97 on the Toronto Stock Exchange.Price: $17.97, Change: $-0.05, Percent Change: -0.28%
Dream Office REIT Target Edged Up To C$19.50 from $19, Keeps Sector Perform at National Bank On Meaningful in-place occupancy build expected in the Toronto portfolio in 2026
Dream Office REIT (D-UN.TO) was upgraded to Outperformer from Neutral at CIBC Capital Markets.Analyst Tal Wooley raised his price target on shares of the Canadian real estate investment trust to $21 from $19 following its quarterly results."We have changed our perspective recognizing the following: 1) at current prices, D is trading at implied per sf values well below its own and other transaction prices giving investors a low entry basis (relative to recent Toronto transaction prices) and an adequate margin of safety; 2) occupancy is poised to rise materially through the end of 2026, especially in Toronto where committed occupancy is now nearing 90%; and 3) if the Toronto market continues to tighten, our forecasts are likely conservative, given the high operating leverage in the office REIT model and the high financial leverage on D's balance sheet (which should continue to fall as NOI improves and D makes select dispositions)," Wooley said in a note to clients.
