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DREAM Unlimited Cl A ( (TSE:DRM) ) just unveiled an update.
Dream Unlimited Corp. has reported significant growth in its asset management platform, with a 51% increase in assets under management since the end of 2022, now totaling $27 billion. This growth is largely attributed to the expansion in multi-family rental and industrial sectors. The company recently closed a major acquisition in Europe and continues to expand its industrial platform through the Dream Summit venture. These developments are expected to enhance Dream’s market presence and recurring income potential.
More about DREAM Unlimited Cl A
Dream Unlimited Corp. is a prominent developer of office and residential assets in Toronto, with a substantial presence in Canada and the U.S. The company manages $27 billion in assets across various trusts and partnerships, focusing on innovative investment opportunities and urban development properties.
YTD Price Performance: -6.10%
Average Trading Volume: 49,088
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$866.8M
See more insights into DRM stock on TipRanks’ Stock Analysis page.