stockchase picture

Compiling comments that experts make about stocks while on public TV.

Company Index

List by Company Name

List by Symbol

Dream Office REIT Stock Symbol: D.UN-T

Notes:

Formerly Dundee Office REIT (June 2014)

Last Price Recorded: $28.5000 on 2014-10-25 01:14:03

Globe 200 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2014-10-16 HOLD Michael Missaghie

Office assets across Canada.  Has been in a range because sentiment around the office sector is very poor right now.  There is supply coming on in both Toronto and Calgary and the market fears lower rents and lower occupancies.  It is trading at a 10% discount to net asset value. 


Price:
$27.390
Subject:
REIT's
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-02 HOLD Andy Nasr

Excess supply is what has been weighing on this REIT.  There still is suburban office exposure at about 60%.  Dividend is sustainable, so he would hang on to it.  Likes and owns BOX.UN-T, thinking it could get taken out.


Price:
$27.840
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
OPTIMISTIC
Owned:
No
2014-09-25 DON'T BUY Michele Robitaille

8% yield.  There are a couple of challenges.  It is in the office space and this area has the weakest fundamentals because there is a lot of supply coming to market over the next couple of years without the same demand coming.  This one was a growth by acquisition story and was good in a falling interest rate environment but now there is a shift in the market and it is all about organic growth.  The valuation is attractive here, but there are better companies.


Price:
$27.940
Subject:
HIGH YIELD EQUITIES & REITS
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-19 BUY Greg Newman

Likes at this level. Pays an 8% distribution. Trading at about a 15% discount is estimated NAV. Payout ratio looks fine. Trending down at about 92%. Thinks that improved office market sentiment may be 6-9 months away.


Price:
$27.960
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2014-09-05 HOLD Derek Warren

Office markets have been in a bit of a decline.  This REIT is very cheap and is staying there because people think there is no catalyst.  There is no risk so you can sit with it and collect the yield.


Price:
$29.010
Subject:
REIT's
Bias:
SELECTIVE
Owned:
No
2014-09-04 SELL Joey Mack

Preferred Shares.  A non-investment grade REIT.  There is so much debt ahead of you.  Buy the equity instead of the preferreds.


Price:
$28.980
Subject:
FIXED INCOME
Bias:
UNKNOWN
Owned:
Unknown
2014-08-12 HOLD Andy Nasr

When he looks at the office sector in Canada, one of his concerns is that supply is going to increase by about 5% nationally during the next few years. A lot of what they own is suburban office space and when there is a big increase in supply, it tends to pressure suburban rents more than central business district rents. As a result of that, the stock has not been very well and is trading at about a 15% discount to NAV. (See Top Picks.)


Price:
$28.910
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
OPTIMISTIC
Owned:
Yes
2014-07-29 TOP PICK Ross Healy

The stock has been unfairly hammered by the market and has very nice upside potential. Yield of 7.66%.


Price:
$29.230
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-07-15 DON'T BUY Derek Warren

It is stuck in a rut.  They own a lot of the buildings in the core.  They are adding a lot of supply.  Does not see a solution any time soon.  Prefers Dream unlimited.  ‘Dream’ is a branding effort.  They are changing the way they do things in this company and he is positive about it.


Price:
$29.040
Subject:
REIT's
Bias:
UNKNOWN
Owned:
No
2014-07-09 HOLD Michael Missaghie

Dream REITs are not knew, just renamed.  In 2016/17 is when a lot more supply comes on and is only 50% pre-leased.  He continues to own it because it trades below NAV, leverage has lowered over the last few years and the distribution is stable.


Price:
$29.100
Subject:
REIT's
Bias:
CAUTIOUS
Owned:
Yes
2014-06-13 COMMENT Derek Warren

Dream Office REIT (D.UN-T) versus Summit Industrial REIT (SMU.UN-T)? In general, he really likes the industrial space, which is going to benefit the most from the improving US economy as industry picks up. This one would have a little bit more growth opportunity. Summit is fully leased, and has a longer lease term, so you won’t see as much turnover, and you want turnover in the sort term. (See Top Picks.)


Price:
$28.900
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
No
2014-05-23 DON'T BUY Michele Robitaille

Dundee (D.UN-T) or H&R Real Estate (HR.UN-T)? She would recommend H&R. One of the challenges with Dundee is that it had really grown through acquisitions and played the Cap Rate compression game and that game is now over. She is a little less favourable on office properties, which she thinks will potentially be a little bit weak going forward.


Price:
$29.390
Subject:
HIGH YIELD EQUITIES & REITS
Bias:
CAUTIOUS
Owned:
Unknown
2014-04-29 WAIT Derek Warren

There is so much building going on in Toronto south of the tracks that the leasing environment is becoming very aggressive.  They feel some of the suburban tenants will leave and be hard to replace.  It lacks a catalyst and we need to see what is going to happen with the office market, which could take two years.


Price:
$29.010
Subject:
REIT's
Bias:
BULL on REITs
Owned:
No
2014-04-02 PAST TOP PICK Michael Bowman

(A Top Pick April 1/13. Down 15.47%.) Got out of this one a while ago. This one was hurt more than any other REIT out there. Part of the issue was the external management. Thinks this is a great Buy.


Price:
$29.050
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2014-03-27 SELL Andy Nasr

Prefers a Top Pick of his today. Owns a little bit still.  He avoids office sector because it has an increase in supply.  He is worried about ability to increase rents and sustain cash flow.  Dividend is safe.


Price:
$28.520
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 149 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.