Professional
Added to YB: 2025-07-03
Pitch date: 2025-06-30
DRR-U.TO [neutral]
Dream Residential Real Estate Investment Trust
+21.27%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Dream Residential Real Estate Investment Trust (“Dream Residential REIT” or the “REIT”) is an unincorporated, open-ended real estate investment trust established on February 24, 2022 pursuant to the REIT’s Declaration of Trust under the laws of the Province of Ontario.
Market Cap
CAD 107.1M
Pitch Price
CAD 12.41
Price Target
13.00 (-14%)
Dividend
4.56%
EV/EBITDA
N/A
P/E
-29.37
EV/Sales
9.64
Sector
Residential REITs
Category
value
Recent Portfolio Moves - Dream Residential Real Estate Investment Trust
DRR-U.TO (holding update): Trading at $9.38 vs $13.30 NAV despite strategic review. Recent comparable apt sales at 4-5% cap rates in same markets confirm NAV accuracy. CEO notes high property interest. Risk is execution due to large mgmt ownership. Recent audits validate IFRS values. $11.50-13 price target within a year.
Read full article (3 min)