Added to YB: 2025-06-06
Pitch date: 2025-06-05
DRM.TO [neutral]
Dream Unlimited Corp.
-11.3%
current return
Author Info
No bio for this author
Company Info
Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada.
Market Cap
CAD 800.7M
Pitch Price
CAD 19.56
Price Target
N/A
Dividend
3.43%
EV/EBITDA
24.40
P/E
4.82
EV/Sales
4.89
Sector
Real Estate Management and Development
Category
value
Dream Unlimited Eyes Major AUM Growth as Western Canada Real Estate Booms
DRM.TO (update): Toronto condo market brutal (20 bankruptcies/mo), office sector weak. NAV $52 ($42 from Western Canada land). Saskatchewan/Alberta demand strong - 30K acres at $0.70/share on books, now worth $150K/acre, future $1M/acre. 3400 students for new schools near Dream property. AUM growing, office upside.
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