Dream Office REIT (D) has notable insider buying

Dream Office REIT (T:D) has notable insider buying

Dream Office Real Estate Investment Trust (D) has a high amount of executive buying compared to its mid-cap peers over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $8,896,799.Michael Cooper, a Senior Officer, Director and Subsidiary Executive, acquired 163,400 Trust Units Series A on an indirect ownership basis for registered holder Dream Alternatives 2017 Holding LP at a price of $21.050 through the public market on October 10th, 2017. This represents a $3,439,570 investment into the company's shares and an account share holdings change of 6.9%.

Dream Asset Management Corporation, a Senior Officer, acquired 259,397 Trust Units Series A on a direct ownership basis at prices ranging from $21.000 and $21.050 through the public market between October 10th, 2017 and October 12th, 2017. This represents a $5,457,229 investment into the company's shares and an account share holdings change of greater than 100%.

Dream Office Real Estate Investment Trust (the Trust), formerly Dundee Real Estate Investment Trust, is a Canada-based open-ended investment trust. The Trust's segments include Western Canada, Calgary downtown, Calgary suburban, Toronto downtown, Toronto suburban, Eastern Canada and Other. It is engaged in building and maintaining a diversified portfolio of office properties in Canada, based on an established platform, and providing cash distributions to unitholders and managing distributions over time. The Trust's portfolio consists of central business district and suburban office properties, located in urban centers across Canada, including Toronto, Calgary, Edmonton, Montreal, Ottawa and Vancouver. Its ownership interests include over 170 office properties (approximately 200 buildings) and approximately one redevelopment property. The Trust owns approximately 23.4 million square feet of gross leasable area (GLA). The Trust is managed by Dream Asset Management Corporation (DAM).