Dream Office Reit (Otc) (TSE:D.UN) has released an update.
Dream Office REIT has addressed speculation regarding its recent unit price surge, emphasizing its commitment to long-term value creation through strategic initiatives aimed at reducing leverage, managing risks, cutting costs, and improving occupancy amid a tough office market. The company confirms that some assets are up for sale but no definitive agreements have been reached, and further announcements will be made if and when appropriate. Dream Office, a significant office landlord in downtown Toronto, manages a portfolio of prime real estate assets and refrains from further comment on market rumors.
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