DREAM Unlimited Cl A ( (TSE:DRM) ) just unveiled an update.
Dream Unlimited Corp. reported strong fourth-quarter results, highlighted by the sale of Arapahoe Basin, which generated a significant pre-tax gain. This sale, along with strategic acquisitions and expansions in their asset management and income properties divisions, positions Dream for continued growth. The company also announced a dividend increase, reflecting confidence in its financial stability and future prospects. Despite challenges in the office and GTA development markets, Dream has achieved its key objectives for 2024 and is focused on managing liquidity to navigate potential disruptions.
More about DREAM Unlimited Cl A
Dream Unlimited Corp. operates in the real estate industry, focusing on asset management, income properties, and residential rentals. The company has a significant presence in Western Canada and is expanding its asset management platform through institutional partnerships and new mandates.
YTD Price Performance: -3.74%
Average Trading Volume: 35,606
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$888.4M
See more insights into DRM stock on TipRanks’ Stock Analysis page.