D.UN — Dream Office Real Estate Investment Trust Share Price
- CA$315.26m
- CA$1.53bn
- CA$196.11m
- 47
- 88
- 65
- 75
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 15.17 | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | n/a | ||
| Dividend Yield (f) | 5.19% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.34 | ||
| Price to Tang. Book | 0.34 | ||
| Price to Free Cashflow | 4.27 | ||
| Price to Sales | 1.67 | ||
| EV to EBITDA | 18.55 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | -7.24% | ||
| Return on Equity | -15.25% | ||
| Operating Margin | -83.06% | ||
Financial Summary
| Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | CA$m | 206.59 | 195.93 | 196.27 | 190.45 | 196.11 | 181.99 | 186.77 | -3.05% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +45.84 | -5 | -54.86 | n/a | n/a | n/a | n/a | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile 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 primarily in downtown Toronto. The Trust owns approximately 26 properties totaling 4.8 million square feet. Its objectives include managing its business and assets to provide both yield and growth over the longer term. It develops and manages a diverse portfolio of master-planned communities across Western Canada, the Greater Toronto Area (GTA) and Canada’s National Capital region. Its real estate portfolio includes a variety of residential assets across North America. It owns and develops industrial properties and manages commercial properties that are in urban centers. Its retail portfolio includes urban pedestrian shopping centers and suburban shopping center convenience. Its hospitality portfolio includes a full-service heritage boutique hotel, diverse restaurant offerings and a golf course community in Western Canada.
Directors
- Michael Cooper CHM
- Jay Jiang CFO
- Gordon Wadley COO
- Donald Charter LED (64)
- Detlef Bierbaum IND (76)
- Robert Goodall IND (63)
- Kellie Leitch IND
- Karine Macindoe IND (47)
- P. Jane Gavan TRT
- Last Annual
- December 31st, 2024
- Last Interim
- September 30th, 2025
- Incorporated
- January 1st, 1970
- Public Since
- December 4th, 1995
- No. of Employees
- 238
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
Toronto Stock Exchange
- Shares in Issue
- 16,368,880

- Address
- 30 Adelaide Street East, Suite 301, TORONTO, M5C 3H1
- Web
- https://dream.ca/investors/office/
- Phone
- +1 4163653535
- Auditors
- PricewaterhouseCoopers LLP
Upcoming Events for D.UN
Q4 2025 Dream Office Real Estate Investment Trust Earnings Release
Q1 2026 Dream Office Real Estate Investment Trust Earnings Release
Dream Office Real Estate Investment Trust Annual Shareholders Meeting
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FAQ
As of Today at 19:19 UTC, shares in Dream Office Real Estate Investment Trust are trading at CA$19.26. This share price information is delayed by 15 minutes.
Shares in Dream Office Real Estate Investment Trust last closed at CA$19.26 and the price had moved by +3.55% over the past 365 days. In terms of relative price strength the Dream Office Real Estate Investment Trust share price has underperformed the Toronto Stock Exchange 300 Composite Index by -18.86% over the past year.
The overall consensus recommendation for Dream Office Real Estate Investment Trust is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreThe Dream Office Real Estate Investment Trust dividend yield is 5.33% based on the trailing twelve month period.
Last year, Dream Office Real Estate Investment Trust paid a total dividend of CA$1.03, and it currently has a trailing dividend yield of 5.33%.Looking ahead, the next dividend pay date is 2026-02-13.
We do not have data on when Dream Office Real Estate Investment Trust is to next pay dividends. The historic dividend yield on Dream Office Real Estate Investment Trust shares is currently 5.33%.
To buy shares in Dream Office Real Estate Investment Trust you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of CA$19.26, shares in Dream Office Real Estate Investment Trust had a market capitalisation of CA$315.26m.
Here are the trading details for Dream Office Real Estate Investment Trust:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: D.UN
Based on an overall assessment of its quality, value and momentum Dream Office Real Estate Investment Trust is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Dream Office Real Estate Investment Trust is CA$18.81. That is 2.34% below the last closing price of CA$19.26.
Analysts covering Dream Office Real Estate Investment Trust currently have a consensus Earnings Per Share (EPS) forecast of -CA$6.62 for the next financial year.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Dream Office Real Estate Investment Trust. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -0.09%.
As of the last closing price of CA$19.26, shares in Dream Office Real Estate Investment Trust were trading +10.11% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Dream Office Real Estate Investment Trust PE ratio based on its reported earnings over the past 12 months is 15.17. The shares last closed at CA$19.26.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Dream Office Real Estate Investment Trust's management team is headed by:
- Michael Cooper - CHM
- Jay Jiang - CFO
- Gordon Wadley - COO
- Donald Charter - LED
- Detlef Bierbaum - IND
- Robert Goodall - IND
- Kellie Leitch - IND
- Karine Macindoe - IND
- P. Jane Gavan - TRT





