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TSE:DRG.UN

16.79
0.01 (0.06%) 1d
0
Showing 1 to 15 of 82 entries
DON'T BUY
Really likes it. Agreed to be acquired by Blackstone. Wouldn't recommend it at this point. Doesn't see a higher bidder. Great opportunity to look at other Canadian REITs with global assets. Look at Granite REIT instead.
REAL ESTATE
PAST TOP PICK
(A Top Pick May 30/19, Up 7%) A Euro play in Germany and Holland. Their Q2: the German office market remains strong. They can continue to tap the European markets where interest rates are negative, a competitive advantage to North America; trades at 22% discount to NAV that managers want to shrink. Yields 5.5%.
REAL ESTATE
PARTIAL SELL
If you have profits, take some off the table, and put them into another industrial like WPT that offers better value.
REAL ESTATE
BUY
An office focused REIT with assets in Germany and the Netherlands. He is not a fan of the parent organization, but is not a huge concern. Vacancy rates in Germany are less than 4%. He sees good office rental growth opportunity, which is averaging 7% per year. There is still room to run.
REAL ESTATE
TOP PICK
Office and industrials in Germany and the Netherlands. Advantage over Canadian peers because of negative interest rates in Germany. Yield is 5.9%. (Analysts’ price target is $16.08)
REAL ESTATE
DON'T BUY
He met them last week. A good company. Its dividend pays 5.9% which is safe. But he's apprehensive about Dream because this REIT is based in Europe with lots of regulatory hurdles across many countries. That's tricky.
REAL ESTATE
BUY
vs. D.UN-T D.UN isn't cheap at 19.2x. It's improved its asset base to higher quality, focusing on Toronto. Decent 6% growth. They've already had their big move though. DRG.UN has room to go, in contrast. It's a play on Germany and Holland. He see slightly growth, but a much cheaper valuation than D.UN AT 14.5x. Similar balance sheets. Safe payout ratio. He prefers D.UN.
REAL ESTATE
PAST TOP PICK
(A Top Pick Oct 31/18, Down 12%) Has underperformed. Pretty strong support where we are right now.
REAL ESTATE
TOP PICK
Relative strength is strong. It remains one of the top performing REITs. It is more defensive. (Analysts’ price target is $15.51)
REAL ESTATE
PAST TOP PICK
(A Top Pick Aug 14/18, Down 5%) One of his income plays. It’s in Europe, so cash generation outside of Canada will be beneficial. Most assets are in Germany, which gives cash flow safety. Yield is 5.9%.
REAL ESTATE
BUY

It's doing well in European markets that are still catching up to North America. European office markets' fundamentals have lagged ours. You'll be fine with this. But management may consider an equity raise. He really likes the office space in France and Spain.

REAL ESTATE
TOP PICK

His favourite REIT, because most of the cash flow is coming from Europe, and he wants to generate more cash outside Canada. (Analysts' price target: $15.54)

REAL ESTATE
COMMENT

Inovalis (INO.UN-T) or Dream Global (DRG.UN-T)? There is probably too much duplication to own both. Management has done a very, very good job since the IPO. They’ve grown through acquisition and have diversified. They own an institutional quality portfolio, and thinks they have an opportunity to grow in continental Europe. Their assets are primarily in Germany. Instead of buying Canadian names that have exposure to Europe, he is actually going directly into Europe and buying some names.

REAL ESTATE
HOLD

It is a decent name if you own it. It is tough to switch out of it. He has preferred names including a top pick today. Management promised to diversify the portfolio and they did a good job of that. The payout ratio is high so this is why he is cautious on it. There are risks in the devaluation of the Euro. He does not think they will have to cut the dividend.

REAL ESTATE
HOLD

(Market Call Minute.) Trading at a sizable discount to NAV. However, there are still some single tenant risks. There are other global names he likes more.

REAL ESTATE
Showing 1 to 15 of 82 entries

Dream Global REIT(DRG.UN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Dream Global REIT is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Dream Global REIT(DRG.UN-T) Frequently Asked Questions

What is Dream Global REIT stock symbol?

Dream Global REIT is a Canadian stock, trading under the symbol DRG.UN-T on the Toronto Stock Exchange (DRG.UN-CT). It is usually referred to as TSX:DRG.UN or DRG.UN-T

Is Dream Global REIT a buy or a sell?

In the last year, there was no coverage of Dream Global REIT published on Stockchase.

Is Dream Global REIT a good investment or a top pick?

Dream Global REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Dream Global REIT.

Why is Dream Global REIT stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Dream Global REIT worth watching?

0 stock analysts on Stockchase covered Dream Global REIT In the last year. It is a trending stock that is worth watching.

What is Dream Global REIT stock price?

On 2019-12-11, Dream Global REIT (DRG.UN-T) stock closed at a price of $16.79.