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Chairman continues buying at Dream Office REIT (T:D)

Updated Monday Oct 02, 2017 02:45 AM EDT

Dream Office Real Estate Investment Trust (D) has a high amount of executive buying compared to its mid-cap peers over the past three months.

Michael Cooper, a Senior Officer, Director and Subsidiary Executive, acquired 21,100 Trust Units Series A on an indirect ownership basis for registered holder Dream Alternatives 2017 Holding LP at a price of $21.000 through the public market on September 28th, 2017. This represents a $443,100 investment into the company's shares and an account share holdings change of 1.0%.

Dream Office REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Dream Office Real Estate Investment Trust (the Trust), formerly Dundee Real Estate Investment Trust, is a Canada-based open-ended investment trust. The Trust's segments include Western Canada, Calgary downtown, Calgary suburban, Toronto downtown, Toronto suburban, Eastern Canada and Other. It is engaged in building and maintaining a diversified portfolio of office properties in Canada, based on an established platform, and providing cash distributions to unitholders and managing distributions over time. The Trust's portfolio consists of central business district and suburban office properties, located in urban centers across Canada, including Toronto, Calgary, Edmonton, Montreal, Ottawa and Vancouver. Its ownership interests include over 170 office properties (approximately 200 buildings) and approximately one redevelopment property. The Trust owns approximately 23.4 million square feet of gross leasable area (GLA). The Trust is managed by Dream Asset Management Corporation (DAM).

INK Edge Outlook

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Go to Dream Office Real Estate Investment Trust (D)'s company page

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